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Hewlett-Packard Company Message Board

  • sarabels sarabels Jan 8, 1998 11:30 AM Flag

    From the Quarterly Report

    "Liquidity and Capital Resources - The Company's financial position remains strong, with cash and cash equivalents and
    short-term investments of $2.8 billion at July 31, 1997, compared with $3.3 billion at October 31, 1996."

    What does this mean?

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    • Having bought Verifone, HWP is now a leading company in smart card technology -- which has been a major aspect of European payment flows, and is now beginning to find acceptance in the US -- a huge market.
      Does anyone know how committed HWP is to this technology, and how important it may become to their earnings and future ?

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