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Merrill Analyst Tells HP: Better To Break Up

configure   on 08 June 2004 - 14:02 · 5 comments & 326 views

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Hewlett-Packard would be better off splitting up its business operations, says Merrill Lynch analyst Steven Milunovich. The most valuable and established pieces of HP's portfolio, such as its printing division, should be saved from the drag the rest of the company is experiencing, he says.

As Hewlett-Packard meets with analysts on Tuesday, there no doubt will be a provocative question going unanswered: Should HP break up in order to take advantage of its separate businesses?

The issue surfaced through Merrill Lynch analyst Steven Milunovich who wrote on Monday in a research note that HP would perform better by breaking up.

Milunovich, who has been outspoken about the performance of other companies, such as Sun Microsystems , has seen enough of Hewlett-Packard's integration plan. He believes the most valuable and established pieces of HP's portfolio, such as its printing division, should be saved from the drag of the rest of the company.

View: Read more at NewsFactor
News source: NewsFactor


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Post a comment · Send to friend Comments · There are 5 additional comments
#1 dougkinzinger on 08 Jun 2004 - 17:27
I just read this over lunch. It does make sense, but I don't think HP wants to do what they did with Agilent again. Agilent really should either sever all ties with HP or be rolled back into them.

Long live Proliants and LaserJets!
#2 rogerroger on 08 Jun 2004 - 17:35
I just want some cheaper ink cartridges! Greedy turds.
What was that battle cry..."Give me cheap ink or give me death!"
#3 viserov on 08 Jun 2004 - 18:30
That article repeats itself a lot
(1 reply) #4 BOOGSoftball™ on 08 Jun 2004 - 20:00
Buying Compaq sure wasn't one of their smartest of moves.
#4.1 dougkinzinger on 09 Jun 2004 - 12:05
Yes, but I'm glad they dissolved the company. One less victim for Dell to conquer.

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