[Info-vax] FWIW: HP to spin off PSG?

[Rich Jordan]

On Aug 18, 2:48 pm, Norm Raphael <norman.raph... at charter.net> wrote:
> HP(HPQ) reported adjusted earnings per share of $1.10 cents on sales of
> $31.2 billion for its fiscal third quarter, compared to the $1.08 EPS on
> revenue of $30.7 billion reported in the year-ago period.
> Analysts expected adjusted EPS of $1.09 on sales of $31.17 billion.
> Shares of HP were halted at $30.42 at 2.55 PM ET on Monday. The shares
> reopened about 15 minutes later, trading down 7.52% at $29.03.
> In a statement, HP confirmed that it will be looking for "strategic
> alternatives" for its Personal Systems Group (PSG). This could include
> either a full or partial spin off of the business from HP.
> HP also plans to discontinue operations for it webOS devices,
> specifically the TouchPad and webOS phones. HP will continue to "explore
> options" to optimize the value of webOS software going forward, it said.
> The tech giant confirmed that it is in discussions with U.K. software
> maker Autonomy regarding a possible acquisition of the company.
>
> Norman F. Raphael
> "Everything worthwhile eventually
> degenerates into real work." -Murphy

We get the funnest emails from HP.  The latest "Partner" letter
included this blurb:

"HP Exlusive Webinar: Mobility in Healthcare Submission"

"Mobility in the Health Care industry is an important and hot topic
today. New form factors, ubiquitous connectivity, the impact on
patient care, outcomes, and recruitment of talent may all rest to a
high degree in the future, especially on how mobility is embraced."

Considering HP just dumped its 'mobility' products that is rather
amusing.

The link led to this page:

=========
          error '80004005'
          /redirect.asp, line 4
=========

Guess mobility is out the door at HP.  Servers too if the above is an
example.  Maybe it only works if you connect with a Touchpad or an HP
phone ;)