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September 2000, Week 4

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Ron Seybold <[log in to unmask]>
Reply To:
Ron Seybold <[log in to unmask]>
Date:
Mon, 25 Sep 2000 15:18:33 -0500
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Hello Friends:

Greg Stigers asked:

>Also, has the Superdome announcement influenced analysts on Wall Street?

If stock price is any measure, no. HP closed at a new low for this
year ($95) just nine days after Superdome was announced. That's
enough time for those busloads of analysts to issue reports on how
they think Superdome will help HP. Only HP's new plan to buy back a
billion dollars of its own stock ticked the share price upward on
Friday.

HP's share price is travelling in an interesting direction for a
company that announced a 2-1 split about a month ago.

Superdome is an interesting technical achievement, to be sure. But
its market must be limited by its price tag, so its relevance to the
typical HP World attendee (typically midrange and lower sized
companies that don't buy many $1 million pieces of hardware) falls
into the curiousity range. We'll have our own take on it in our
October issue, along with HP World news more relevant to the
immediate future of the e3000.

It could well be that Superdome's most immediate achievement is to
stop HP prospects from asking how the company plans to address the
V-Class performance shortcomings they hear about from Sun. With HP
World's floor full of V-Class owners, choosing that show to kick off
a box that's a better performer could fall into the category of
"rubbing salt into old wounds."
--

Ron Seybold, Editor In Chief
The 3000 NewsWire
Independent Information to Maximize Your HP 3000
http://www.3000newswire.com
512.331.0075 -- [log in to unmask]

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