Hewlett Packard On September 4, 2001, Hewlett-Packard Company and Compaq Computer Corporation announced a definitive merger agreement to create an $87 billion global technology leader. The new HP will offer the industry's most complete set of IT products and services for both businesses and consumers, with a commitment to serving customers with open systems and architectures. The combined company will have #1 worldwide revenue positions in servers, access devices (PCs and Handhelds), and imaging and printing, as well as …showed first 75 words of 508 total…

…showed last 75 words of 508 total…software, solutions and services to individuals, businesses and governments in more than 200 countries. For the 6 months ended 6/30/01, revenues fell 10% to $17.65B. Net loss before accounting change totaled $201M vs. an income of $710M. Results reflect lower sales from Access and Enterprise Computing due to the continued weakness in the U.S. economy and a $742M restructuring charge. Rated a 2.7 buy cnnfn analyst recommend to hold Competitors Sun, Apple, Dell and Gateway Employees: 70,100 (12/31/2000) Market Cap (Mil) $: 23,123.10