HP - Way To Go!

HP employees have a reason to smile. Not just because HP's profit increased by 30%, but because they feel that finally they have a boss who they can look up to. Mark Hurd, it seems, is seen mostly "inside" the HP headquarters in Palo Alto, unlike his predecessor who was a frequent traveller and a prominent speaker in major seminars and conferences around the world ( a little bird told me that she has a personal " make-up lady", who accompanies her wherever she goes!). Thanks to cost cutting and structural changes in the organization, HP seems to be back on track. Also, HP seems to be performing well even in the "non printer" segment. Its PC unit revenues rose by 8% as compared to last year and its Storage and Server unit produced revenues of $4.2 billion.

HP's performance was not really up to the mark after the controversial HP-Compaq merger (It seems that Dave Packard's son, who is also a Director in HP oppesed the merger). Compaq stakeholders were looking forward to the merger, but HP stakeholders were not. Anyway, that is history, and under Mark Hurd, I am sure HP is gonna go places.