Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : HWP -- Hewlett Packard -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (3952)	12/16/2001 12:31:02 AM
From: rudedog	Read Replies (1) \| Respond to of 4722

El - I was pretty sour on the first half 2001 performance, and they were slow to execute on a bunch of important initiatives. If the HP deal goes through I will continue to be sour.... but CPQ as a stand-alone has done the right things in the last 6 months. I did a lot of consulting work with HP in the 80s and early 90s and had nothing but respect for the company and its people. They were the company I most admired when I was in engineering school - and pretty much everyone shared that opinion. But HP lost its way under Platt and Carly has done nothing to impress me. I see them as another DEC at the moment, except they have the printer business. BTW DEC had some great talent and was a wonderful company for most of its life, but they missed a few of the sharp turns in the mid-80s and that was all she wrote. I suspect the same will happen to HP without a big change in direction, and for that reason a merger with CPQ would be good for them (and bad for CPQ). I have picked up some long term call options in CPQ as a bet that the merger falls apart...