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May 21, 2003

Forbes: After the Bell-HP jumps, other tech stocks gain


My spin: I think by now we can stop wondering if HP should have bought Compaq or not. It's evident that HP is now on the right track. If things do come apart we can't so much blame the merger as on "market conditions" and overall poor execution.

News Clip: NEW YORK, May 20 (Reuters) - Shares of Hewlett-Packard Co. (nyse: HPQ - news - people) soared after Tuesday's closing bell after the computer and printer maker posted quarterly results before items that beat even the most optimistic Wall Street forecasts. (full story)

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