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Hewlett-Packard Company Over the medieval three months Hewlett-Packard shares of shopworn started let on with a price of $18.21 on September 5th and rose wine to $21.49 as of declination 5th. With the stock fluctuating rapidly in price over optical fusion talks with Compaq, the electronic computer goliath indomitable after months of negotiation to not follow finished on the merger with Compaq since their stock and company earnings claim decreased s of all timeely in the past year. Despite their indisposition to merge with Compaq, Hewlett-Packard stock rose in early celestial latitude as they decided to hold their own in the marketplace by continuing their own line of computers and software.

        Just originally September 11, 2001 HP announced that the earnings report for the deuce-ace quarter would be lower than expected. This announcement plus the added have to the economy from terrorism sent not only HP stock, simply the whole market plummeting. The lowest the stock poisonous was to $13.25 on September 20th. After the initial shock up to now consumers remained confident and continued to purchase technology products and by mid(prenominal) October the selling levels were restored to before September eleventh.

On October 29, 2001 HP decided to provide Colleges with notebook computers through a new curriculum called Campus Advantage. Despite the Drop in stock to $17.40 by this date, HP felt it to be crucial for them to integrate their operating systems into the educational system. This action did not directly effect the stock price, but it reminded consumers of the companys growing computer market and interest to be the forerunner.

        In addition to solvework and software packages, HP released the first ever retail computer with a rewritable DVD drive. Released on November 11th at an affordable price of $1999.00. After the release the stock made a 1 point gain or a 5% increase in its value the conterminous day as HP fulfilled a more than pass judgment new option for video editing and recording.



2 days later HP announced they would beat the anticipated 4th quarter target despite a net income drop of 89% over the past year. Despite the lusterless performance investors felt confident as they realized Hp could have been hit harder like Compaq and possibly forced show up of the PC market.

        Hewlett-Packard decided not to merge with Compaq on December 10, 2001 due to Compaqs extreme decline in the marketplace the past year. This announcement made HP stock raise in value 7% to $23.10 at the closing bell on December 10th. Hewlett-Packard stock proved reliable in the computer and printer market as they not only change their selection of computer, but also stayed clear of a merger that could have left investors worried.

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