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Monday, June 06, 2005

CNBC Guests Talking Down HPQ...

Another case where the media makes my investments work for me. CNBC's guests are talking about how HP is "stuck at current levels" because the new CEO isn't "doing anything different than Carly Fiorina". HP is a conglomerate mish-mash without any real sense of direction other than cutting 10% of the workforce. It *could* be a long-term turn-around play, but it will take a LONG while before that begins to bear fruit, much less make the stock a solid, long-term investment.

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