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View Full Version : HP Stock Drops


makic
08-12-2004, 07:01 PM
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.

Maybe they should concentrate on customers, then their bottom line may improve. With the rapidly changing tech world, customer support is key.

KimVette
08-12-2004, 10:24 PM
HAHAHAHAHAHA!!!!! :D

The sooner they axe Carly, the better. Hopefully they come to that realization, can Fiorina, and then get their act together and think long-term again.

collegea
08-12-2004, 11:37 PM
My Heart just Bleeds for HP. LOL. Now it is crystal clear why HP's new handhelds are overpriced and won't provide a new OS upgrade for those who own the Ipaq 4150/55.

christak
08-13-2004, 01:02 AM
Not surprising...

Steven Cedrone
08-13-2004, 02:58 AM
And now you know why Alex Gruzen bailed... (http://www.pocketpcthoughts.com/forums/viewtopic.php?t=31126)

Steve