several poisonous problems ahead for HPQ. 1. Dell getting feisty, attacking retailers from it's former direct-only model. Competition brutal, in other words. Same goes for Lexmark, Lenovo, Acer, eeePC, etc... 2. Apple. This is where true computer growth exists today, and virtually ALL of the margin. The apple trend will continue. 3. Economy. Component prices won't go down forever, inflation on the consumer is a risk, as is consumer disposable income. Also, believe we are slowly moving towards true paperless economy, not good for home printer business. All that said, CEO has done an incredible job turning around this ship, and no matter what happens his high value is sealed. There's just not a lot of meat on the turnaround bone for shareholders.
$35.82 (10/22/08)
