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

To: Elwood P. Dowd who wrote (721)	6/4/2002 10:51:53 AM
From: MeDroogies	Respond to of 4345

Assuming all goes well and the economy continues to improve modestly, this is about what I'd hoped for. Let's just hope they don't pull an AOL. Of course, these estimates are far lower than AOL's 20% claims were....

To: Elwood P. Dowd who wrote (721)	6/4/2002 1:24:19 PM
From: PCSS	Read Replies (2) \| Respond to of 4345

Hewlett-Packard gives revenue outlook by division BOSTON, June 4 (Reuters) - Hewlett-Packard Co. (HPQ) on Tuesday said that it expects revenues to fall by 9 percent to 10 percent in fiscal 2002 to $72.8 billion to $73.8 billion before returning to growth of 4 percent to 6 percent in fiscal 2003 and 7 percent to 9 percent in fiscal 2004. The following is a partial breakdown of the outlook for revenue by division for the fiscal year ending Nov. 1, 2002 for HP, the Palo Alto, California-based computer and printer maker that bought Compaq Computer last month: * HP sees revenue from enterprise systems, which includes large computers and data storage machines, at $8 billion to $9 billion in the second half of 2002, putting 2002 revenue at $16.6 billion to $17.6 billion, down 14 percent to 19 percent from 2001's $20.5 billion. It sees fiscal 2003 revenues up 5 percent to 7 percent and fiscal 2004 revenues up 7 percent to 9 percent. * HP sees revenue from personal systems group, which includes personal computers, at $9.5 billion to $10.5 billion in the second half of 2002, putting 2002 revenue at $21.6 billion to $22.6 billion, down 17 percent to 19 percent from 2001's $26.8 billion. It sees fiscal 2003 revenue up 0 percent to 2 percent and fiscal 2004 revenue up 5 percent to 7 percent. * HP sees revenue from its imaging and printing group at $10 billion to $10.5 billion in the second half of 2002, putting 2002 revenue at $20 billion to $20.5 billion, up 2 percent to 5 percent from 2001's $19.5 billion. It sees fiscal 2003 and fiscal 2004 revenue each up 10 percent. * HP sees revenue from services at $6 billion to $6.5 billion in the second half of 2002, putting 2002 revenue at $12.3 billion to $12.8 billion, a decline of up to 5 percent from 2001's $12.9 billion. It sees fiscal 2003 revenue up 4 percent to 6 percent and fiscal 2004 revenue up 7 percent to 9 percent.