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: Elroy who wrote (2659)	3/5/2003 8:44:53 AM
From: Charles Tutt	Respond to of 4345

I think there is some concern that the printer cash cow is about to catch a case of the Dells. If the rest of the company is losing money, any decline in profitability in printers will be difficult to replace. JMHO. Charles Tutt (SM)

To: Elroy who wrote (2659)	3/5/2003 10:28:48 AM
From: Kirk ©	Read Replies (1) \| Respond to of 4345

The entire company posted the best operating profit margin (6.2%) in two years. That's what matters. True, but... I think HPQ really blew it by not restating all the other quarters with the same assumptions so fair comparisons could be made. The way they did it, it looks like they were hiding something or trying to make themselves look better than they are. I don't blame analysts for being on the alert and not forgiving as they've been hammered with Enron and WorldCon scams and don't want to make the same mistakes. What is sad is they posted, as you say, the best operating profit in 2 years at 6.2%. This good news was ignored.