Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Night Writer who wrote (2270)	11/20/2002 5:41:25 PM
From: Night Writer	Respond to of 4345

HP says consumer demand for holidays 'not clear' SAN FRANCISCO, Nov 20 (Reuters) - Computer maker Hewlett-Packard Co. <HPQ.N> sees some stabilization of the market for high-end machines, but the strength of consumer demand going into the holiday period is unclear, Chief Financial Officer Bob Wayman said on Wednesday. "It's still not clear how strong the consumer market will be this year," Wayman said in an interview after releasing quarterly earnings. The holidays are crucial for No. 2 personal computer maker HP, which is losing money in its PC and high-end computing divisions. Wayman said that there were some positive signs in corporate demand for more sophisticated machines. "It looks like there's some stabilization in spending, but it's too soon to say that there's real growth there," Wayman said. ((Duncan Martell, San Francisco 415 677 2536 duncan.martell@reuters.com)) REUTERS * end of story *