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To: Erazmus2 who wrote (4129)9/29/2008 9:00:07 AM
From: Oeconomicus
   of 4266
 
Hi, newbie. Welcome to SI. What are "employye [sic] sacrifice holdings"?

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To: Erazmus2 who wrote (4129)9/29/2008 10:22:33 AM
From: w0z
1 Recommendation   of 4266
 
>Can anyone tell me why their share price is going up

1. Earnings are going up faster than predicted (either by HP or analysts). I believe HP has beaten analysts' ESP estimates every quarter since Hurd took over.
2. Market share is increasing in several areas.
3. Stock buybacks reduce the float which in turn increases earnings per share (i.e. dividing earnings by fewer shares).
4. The street loves Mark Hurd who underpromises and overperforms per Hewlett and Packard's original philosophy.

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To: Oeconomicus who wrote (4130)9/29/2008 11:01:02 AM
From: Lynn
   of 4266
 
I had no idea know what this meant either.

Lynn

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To: Oeconomicus who wrote (4130)9/29/2008 3:14:56 PM
From: Erazmus2
   of 4266
 
HP intends to use the additional authorization as part of its ongoing program to manage the dilution created by shares issued under employee stock plans and to repurchase shares opportunistically

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To: w0z who wrote (4131)9/29/2008 3:21:33 PM
From: Erazmus2
   of 4266
 
Good luck to HP getting international government outsourcing contracts when you have just layed off 24,000 voters world wide.

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To: w0z who wrote (4131)9/29/2008 6:12:36 PM
From: Erazmus2
   of 4266
 
The most sensible share buyback i have seen is the one IBM did in then late 90's when their share price was way overvalued at $150. It was to protect itself from the dot com crash.
In the case of HP they are spending cash reserves to pay their employees who have salary sacrificed to buy HP shares.
HP has become a Compaq dominated company in that it makes decisions based on whether it will improve their bottom line. Along the way they have consumed Digital and HP who were the only companies that could actually come up with innovation. Now there is only IBM that has the resources to innovate.

HP produce consumer electronics to compete at a price point with DELL et all and ask anybody who has bought an HP desktop if it is a mishmash of the cheapest components cobbled together to compete. IBM saw this coming and dumped their PC division onto China as Lenovo whereas HP just let the goodwill associated with the Compaq brandname seep into the ground.

The day will come when people realise that their outsourced solutions are designed using as much HP hardware as possible to improve the bottom line of other divisions. Hardware that i might add that has been moved halfway round the world with six stops along the way in different parts of the world who all add a piece along with their markup.

I pity the poor sod who inherits the HP company after Hurd has collected his shares and moved on.

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To: Erazmus2 who wrote (4135)9/29/2008 9:06:06 PM
From: w0z
1 Recommendation   of 4266
 
hp.com

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To: Erazmus2 who wrote (4134)9/29/2008 11:39:04 PM
From: Oeconomicus
1 Recommendation   of 4266
 
Let me get this straight. You actually paid for a new SI subscription solely to rant nonsensically about HP employee stock plans and laying off "voters world wide"? Why?

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To: w0z who wrote (4136)9/30/2008 7:59:44 AM
From: Lynn
   of 4266
 
HP Breaks the 24-hour Battery Life Barrier

Customizable HP EliteBook delivers all-day power

PALO ALTO, Calif., Sept. 8, 2008
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HP today announced an unprecedented milestone in mobile computing: up to 24 hours of continuous notebook operation on a single battery charge.

As measured by an industry-standard benchmark, the new HP EliteBook 6930p configured with an optional ultra-capacity battery delivered up to 24 hours of battery runtime.(1)

“All-day computing has been the holy grail of notebook computing,” said Ted Clark, senior vice president and general manager, Notebook Global Business Unit, HP. “With the HP EliteBook 6930p, customers no longer have to worry about their notebook battery running out before their work day is over.”

Designed and tested to last, HP batteries benefit from a combination of HP engineering and energy-efficient notebook components such as Intel® solid-state hard drives (SSD) and mercury-free LED displays. For example, the highly efficient HP Illumi-Lite LED display boosts battery run time by up to 4 hours compared to traditional LCD displays, while the Intel SSD provides up to a 7 percent increase in battery life compared to traditional hard drives.
With up to 24 hours of battery life, business travelers can easily:

Use an HP EliteBook 6930p continuously on the world’s longest scheduled commercial airline flight – linking Newark Liberty International Airport and Singapore Changi Airport – approximately 18 hours, 40 minutes.
Take more than 10 trips on the EuroStar train between London and Paris – approximately 2 hours, 15 minutes each direction – before recharging the battery.
Travel as a passenger by car from Maine to Florida using a notebook during the entire journey.
Solid state for mobile professionals

Inspired by aircraft construction and designed for style-conscious mobile professionals, HP EliteBook notebooks feature the latest mobile technologies.
In October, customers will be able to purchase an HP EliteBook with the new Intel high-performance SSDs – HP is a launch customer for new Intel X25-M and X18-M Mainstream SATA SSDs.

In addition to helping achieve outstanding battery life, these new Intel SSDs provide greater durability and reliability as well as faster system responsiveness. Internal HP benchmarks show overall performance boosts of up to 57 percent on industry benchmarks, and data transfer rates almost six times faster than traditional hard disks.

“Intel architected its new line of high-performance solid-state drives specifically to bring a new level of performance and reliability to the computing platform and make significant impact to the way people use their PCs,” said Randy Wilhelm, vice president and general manager, NAND Products Group, Intel. “The HP milestone is an example of the impact of this new level of performance that specifically delivers on lower power consumption for longer battery life.”

EliteBook 6930 for mobile professionals

The initial ENERGY STAR®-qualified HP EliteBook 6930p configuration starts at only 4.7 pounds (2.1 kilograms). It features a 14.1-inch diagonal widescreen display and is available with an optional, mercury-free Illumi-Lite LED display.

The HP EliteBook 6930p is built for the corporate road warrior as it features a shock-resistant hard drive, enhanced display panel and spill-resistant keyboard to help defend data against bumps, drops and spills. It was designed to meet the tough MIL-STD 810F military-standard tests(2) that measure levels of environmental reliability and operation at extreme temperatures, while withstanding vibration and high humidity.

The inner magnesium shell of the notebook’s HP DuraCase is equipped with a honeycomb pattern that is thermally bonded to anodized aluminum for a solid construction.
All HP notebooks are designed with the environment in mind, with energy-efficient features and select materials for easier recycling. For example, HP has set a goal to remove all mercury – a material commonly found in notebook screens – from its entire notebook line by the end of 2010.

About HP

HP, the world’s largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008. More information about HP (NYSE: HPQ) is available at hp.com.


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(1) Requires separately purchased Ultra Capacity Battery and customer download of the latest Intel graphics driver and HP BIOS. Notebook must be configured with optional Intel 80 GB SSD drive and HP Illumi-Lite LED Display (planned to be available October 2008) and requires Microsoft Windows® XP operating system. Battery life will vary depending on the product model, configuration, loaded applications, features, and power management settings. The maximum capacity of the battery will decrease with time and usage.

(2) Testing was not intended to demonstrate fitness for U.S. Department of Defense contracts requirements or for military use. Test results are not a guarantee of future performance under these test conditions.


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Intel is a trademark of Intel Corp. in the United States and other countries. ENERGY STAR is a U.S. registered mark of the United States Environmental Protection Agency. Microsoft and Windows XP are U.S. registered trademarks of Microsoft Corp.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2008 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

© 2008 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

[I'm dial-up, Bill, so every time someone just posts a URL I normally groan--it's time consuming for me to access things so most of the time I don't. In case anyone else lurking on the thread is likewise stuck using dial-up, I posted the article you referenced.]

Lynn

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To: Oeconomicus who wrote (4137)9/30/2008 6:10:26 PM
From: Erazmus2
   of 4266
 
Well look HP moves everything to low cost areas India Malaysia Eastern Europe China and then announces it is going to lay off 24,000 staff world wide. In the next breath they are going to go to the governments of those countries to renegotiate EDS outsourcing contracts under HP. Naturally those governments are going to say why should we, you aren't contributing to the health of this this country and in fact you are making it worse by throwing all these people out of work. Good Luck with that one HP

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