Anything HP can do to move away from the eroding margin business of hardware would make sense.
More Quotes from Adam Adelman:
I don't see how the company can have that kind of visibility, especially with a management team that had to revise earnings three times within one quarter last year. They don't have credibility.Adam Adelman
Investors are having problems with reliability and the problem is that it's not impossible to fake a statement of cash flows.
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Investor patience is not too long these days. For a company like Motorola, I don't think you can expect change to happen in one to two quarters. It will take a long time to turn it around.
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I don't think there's enough evidence to support the argument that there is a recovery in information technology.
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I don't really see today's bad corporate news as significant fundamental factors, I see it more as an excuse for short-term profit-taking. The correction we've seen is very small relative to the rally we've seen in the last few weeks.
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Juniper, Foundry and Extreme will carve out a little niche for themselves, but their long-term growth potential is restricted by Cisco.
Adam Adelman
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