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


To: Captain Jack who wrote (1468)7/23/2002 4:07:13 AM
From: Elroy  Read Replies (1) | Respond to of 4345
 
I recall HWP once warned ten days after the quarter closed. With the merger completed in the current quarter, I wouldn't be surprised if they warned the day the release is due. However, with the huge charge coming this quarter, they haven't got much to warn about - HPQ won't have a clean quarter for awhile.

The only thing that matters this quarter is revenues since charges will hit everything below the revenue line, and the problem with these guys is they still recognize revenue on sell into the channel, so revenues are essentially meaningless. Who knows if the channel is stuffed or what?

Elroy