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Technology Stocks : Hewlett-Packard (HPQ) -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (129)	5/7/2002 5:25:11 PM
From: MeDroogies	Respond to of 4345

I understand they are less profitable. Today. On what do you base your analysis that it is possible they may not be in the future? IBM has tremendous costs built in, and I suspect that last quarter they were managing earnings a bit. HPQ is cutting costs dramatically (CPQ was cutting dramatically prior to the merger), based on duplicative operations. To say they won't be is to say you know something that many people don't. Your view is a SWAG, which is fine. You don't know what the future holds. Everyone said ORCL couldn't cut costs by $1bb. They cut them by $2bb. Until last quarter, they met or exceeded earnings for over 3 years. Just because you say it can't be done doesn't mean it won't. I happen to believe that optimism is a force multiplier. You can get alot of people to believe this is a crappy merger and get them all bent out of shape and pissed off. Or you can be optimistic and work for the best. I'm betting that Carly and Mike are doing that. Whether they succeed is the tough part. We'll see.