1.HP's reach is global and its top-notch logistics platform allows for easy assimilation and distribution of new technologies.

2.HP is specifically looking to acquire networking and storage technologies that will create an all-in-one data center enterprise.

3. The acquisition of EDS has put HP in a strong position to compete in enterprise services.

4. HP announced its plan to acquire ArcSight Inc, a security-software firm, to the tune of $1.5 billion. The deal was hardly cheap but illustrates HP's clear theme to build its data center technologies.

5. HP continues to aggressively pursue more IT spending business from its huge customer base by entering into new high margin markets.

Summary:

We have no official buy or sell position on Hewlett Packard(HPQ) but heavily encourage a positive discussion to see all points of view be they bullish, bearish, and or something else.

Bears Corner