So there i was, happily eating dinner and channel surfing, and suddenly, as I pass CNN, i see this...

"Plenty of Hewlett-Packard investors must have been screaming some version of that unprintable expletive after hearing about the company's stunning earnings miss and warning on Thursday morning. Shares of HP plunged 17 percent on the news. Every time it looks like HP is finally back on track, and that its heavily criticized merger with Compaq might at last be paying off, the company drops a hydrogen bomb of a warning on Wall Street."

http://money.cnn.com/2004/08/12/technology/techinvestor/lamonica/index.htm

HP are trying to battle with Dell on too many fronts and loosing all of them.... Your Market cap is down to around 50bn, same as ours, and your EPS is around 40 cents till a fairly OK possition to be in. We have lost aroud 50% of our value since March :-( Thanks to HP, we managed to loose 1/4 point in late afternoon trading.

Carly contributed loss in revenue to the server and storage business not doing too well, and your global Logistics SAP up grade that just went to shit...

Tech Equity analysts are recommending bailing out if your holding HPQ stocks