HP3000-L Archives

August 2001, Week 3

HP3000-L@RAVEN.UTC.EDU

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Sat, 18 Aug 2001 10:45:27 -0600
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I imaging this is a crazy idea, but ... maybe it's time for someone to
buy-out the HP3000 line from HP.

With the loyalty of the 3k community, it just might be a profitable
proposition.

Roger



"Douglas Becker" <[log in to unmask]> wrote in message
news:9lk3dt01rmc@enews4.newsguy.com...
> There are certainly people more wise and informed about such things as
> stock prices, earnings and dividends, but I have with someone who does
know
> more than I do and he responded something like this:
>
> HP announced a 6 cent earning but declared an 8 cent dividend; it won't
> take long to get into trouble if this continues. Every time a company does
> something like this, it is spending up its future earnings. Hewlett
Packard
> used to be known for its advanced scientific equipment and hardware. Now
it
> is trying to sell services. HP probably can't continue to rely on printers
> (about 75% of its business or so) to be profitable. Carly left Lucent just
> before the company experienced what HP is going through right now.
>
> My concern for some time is that the President / CEO / Chairman of HP
> doesn't seem to be paying any attention to the computer side of the house
> where it made its money in the first place just two decades ago.
>
> That she would rather go to the Gartner Group ITxpo instead of HP World
> seems to send some kind of signal which is not good from the client's
point
> of view.
>
> I'd like to think he was wrong, but a former Director I had once said that
> getting a Hewlett Packard HP3000 was like getting a Packard automobile.
>
> Unfortunately, the actions of recent months by HP has convinced the
> Directors here that it is NOT in the best interest to continue on the
> HP3000, and in the long run, the best answer for them seems to be to
> migrate from MPE to another platform over the next three years.
>
> HP had equipment which was of especially high quality and unique to fill a
> niche market.
>
> Selling PCs these days is not a niche market, and neither is selling
> printers [although I would never part with my Color LaserJet 4550!].
>
> It may be true that turning HP around is like turning around the Queen
Mary-
> -slow and chewing up lots of resources; however, the visualization of
> turning around HP as one would the Queen Mary is quite disturbing,
> especially if you picture it just about to go over Niagra Falls.
>
> One does not find very much comfort looking down into the future of HP for
> the "foreseeable future".
>
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