
08-12-2004, 07:01 PM
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Ponderer
Join Date: Jun 2003
Posts: 65
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HP Stock Drops
Quote:
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In tech news, shares of Hewlett-Packard fell $3.35, or 17%, to $16.17 on the Big Board. The heavyweight reported lower-than-expected net income for the fiscal third quarter and issued a weak outlook amid poor performance in its enterprise servers and storage unit. The company plans to shake up management in that division and also forecasted fourth-quarter earnings, excluding items, below Wall Street's view.
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Maybe they should concentrate on customers, then their bottom line may improve. With the rapidly changing tech world, customer support is key.
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Dilbertism: I don't have an attitude problem, you have a perception problem.
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