Wednesday, January 28, 2004

Tower of HP shows signs of crumbling

Tower of HP shows signs of crumbling: "HP's perilous slide down the rankings were only interrupted by the Compaq merger, and now they don't even place. If anyone knows the numbers for past years, or where HP ranked this year, let us know, and we'll put it up. I would guess that the numbers are not nearly as pretty as the bleak outlook from the presentations.

So what does all this mean? HP is in a tailspin. It announced positive numbers last November in a company Las Vegas love in, but inside word is this quarter is not nearly as rosy. The rumours are totally unsubstantiated at this point, but if I were a betting man, I would not put money on HP making its sales goals this quarter. Then again, word has it that specific goals were not set this quarter so they could not be missed. Clever little middle managers in the once proud ink peddler."

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