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

To: The Duke of URL© who wrote (2179)	11/12/2002 1:25:23 PM
From: PCSS	Read Replies (1) \| Respond to of 4345

12:11pm 11/12/02 J.P. Morgan cuts H-P's 2003 earn outlook (HPQ) J.P. Morgan analyst Bill Shope has lowered his fiscal 2003 earnings expectations for Hewlett-Packard (HPQ) to $1.14 a share from $1.20 a share, given that the company's enterprise business is improving at a slower than expected pace and that the current above average printing margins are not sustainable. In addition, Shope believes the departure of Michael Cappelas could disrupt the integration process of the Compaq Computer acquisition. Meanwhile, the stock, a component of the Dow industrials, is adding 54 cents to $15.39, rebounding from Monday's $1.83 slide.

To: The Duke of URL© who wrote (2179)	11/12/2002 1:46:38 PM
From: rudedog	Read Replies (2) \| Respond to of 4345

Duke - meant to say 2000 in my last post, how time flies... A former direct report of Shane's at CPQ characterized him as smart and ambitious, not a detail guy but very savvy politically. My source, who is a world class technical person, was unimpressed with Shane's vision or technical expertise and characterized his decision-making process as "figuring out which way the wind was blowing and setting his sail". He said Shane was responsible for pretty much eliminating Compaq's labs and R&D prior to the merger. I'll try and get a little more feedback on the CTO.