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


To: kumar who wrote (333)5/14/2002 4:34:48 PM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 4345
 
This would be some of that synergy of which I previously spake:

Hewlett-Packard expects to extend its lead in PC printers and push its imaging business in new directions as a result of its recently completed merger with Compaq Computer, the head of the division said Tuesday.
There were few surprises as Vyomesh Joshi, president of HP Imaging and Printing Systems, outlined post-merger plans for the company's most profitable unit. Compaq has had minimal presence in imaging products, selling a few digital projectors and re-branded Lexmark printers.

All Compaq imaging products will shift to HP, Joshi said in a conference call with the press and financial analysts, adding that the move should have a significant impact on sales of HP printers and items such as ink cartridges. He estimated that 18 percent of Lexmark's revenue--which totaled $4.14 billion for the 2001 fiscal year--came from Compaq-related sales.

news.com.com

Zarathustra.