HPQ - HewlettPackard Company - Page 12

Sold some on Wednesday sold the rest just now when 40 broke very ugly morning.

Yeah I'm not quite sure what's going on. I feel like it has been all positive news since the drop from the CEO problem. Seems like it should be recovering now, but still dropping.

SemperOorah, I think that it is likely a number of things.

1. Broad Market Pullback
2. CEO leaving got people looking at the company and realizing that it was overpriced, no matter who the CEO was.
3. CEO leaving was bad because he was touted as the 'savior'

I don't know for sure, but I wouldn't be surprised to see low $30s on this, if the broad market takes a real nosedive we might even see low $20s, not that it is WORTH that little, but we have seen some pretty crazy stuff go on lately.

when do you think they'll announce their new CEO, and when they do dont you think they stock will take a pop. The reason they dropped down to 40 was because of the CEO departure, it had nothing to do with the stock or their finances. All together HPQ is doing pretty well financially

I hope they take their time and find someone that really fits where the board wants the company to go. In the meantime, the intern CEO was brought up the ranks with Hurd, so in my mind, the leadership is not significantly changed. I'm really excited about the new WebOS devices they have coming up. The current stock price is a steal, imho. I see them ~$50 in 12 months.

Down to $38 in after-hours. I've been buying $20k chunks every $1.5 drop since 41.5

HP just bought 10 billion worth of stocks back...they obviously think it'll go up. I'd say thats a good sign to buy

They didn't actually buy the stock back, the board just authorized an extra $10B for stock buy-backs in the future. This is on top of the $5B that was already authorized. The interm CEO said that stock buybacks would be $4.5B in the current quarter, I believe. Personally, I think she should have used the full 5 currently, as the share price is low.

BTW, this is good strategy. I totally approve of HP buying it back cheap. Now, as to those companies that buy back stock at a 52 week high...RED FLAG!

If markets up tomorrow watch for this baby to fly $41+ !!!
glad I held through all that hell.

I got out today at $41.61 , too much hype around the CEO announcement for me.

Sure am glad we had a day like today with this one. Bought in 41 calls earlier last week, which then dropped last friday. This friday way up, and out with a nice profit

Cool, maybe this will drag CSCO up as well. HPQ is up about 60-70 cents right now on the news.

http://www.palm.com/us/

http://www.google.com/url?sa=t&source=web&cd=5&ved=0CEwQqQIwBA&url=http%3A%2F%2Fwww.pcworld.com%2Farticle%2F219115%2Fhps_think_beyond_palm_event_what_to_expect.html&ei=uMFSTeDiN5G2sAO5poHbBg&usg=AFQjCNGmEn7blO4siPjODCIxE9pifyx88g

 

We may see a new palm device and tablet in 3 hours.

whoa.. is it too late to jump in? HPQ just opened up a whole new market for themselves..

 

cellphones? and tablets? HPQ turning into Dell of early 2000's.. Look out AAPL u got some real competition now..

HP has never proven that it has the ability to compete in the phone space.  Anybody remember the iPaq?  Palm has a Saab-like following, but it's not a large one.  Putting an HP logo on a Palm phone isn't likely to spur huge sales.  Tablets are a passing fad.  HP lacks the one thing AAPL has:  A large cult that will buy whatever it produces whether it's worth anything or not.

but people must be buying into the hype right? or is this a sell the news? This actually blind sided me today as I didn't even know HPQ was working on a cell phone. It must be reassuring for HPQ investors to know that they're doing something with their PALM acquistion..

Or maybe instead of AAPL that should be worrying, maybe its RIMM who should be worried... thoughts?

Remember how people think iPad would be a failure before the release?

I bet people were expecting aapl to file bankruptcy back in 1997.

Apple had the Newton before which was a total failure but then they got the iPod which is one of the most successful handheld device ever and they further develop the iPhone iPad amd built a strong iecosystem

Never say never. The point is, hpq is willing to ditch mfst and willing to hang to complete with the new enemies.

I made a couple of percentage points on this stock when I dropped in for a couple of hours when it won the recent contract with NASA http://www.businessweek.com/news/2011-01-06/hewlett-packard-unit-wins-2-5-billion-nasa-contract.html.  This stock has a good track record of meeting analysts expectations, but very rarely exceeds expectations.  Guidance isn't very strong for it either.