HPQ » Topics » HP's stock price has historically fluctuated and may continue to fluctuate.

This excerpt taken from the HPQ 10-Q filed Sep 8, 2005.

HP's stock price has historically fluctuated and may continue to fluctuate.

        HP's stock price, like that of other technology companies, can be volatile. Some of the factors that can affect our stock price are:

    speculation in the press or investment community about our executive team, strategic position, financial condition, financial reporting, results of operations, effectiveness of cost cutting efforts, business acquisitions or significant transactions;

    the announcement of new products, services, technological innovations or acquisitions by HP or competitors;

    quarterly increases or decreases in revenue, gross margin or earnings, and changes in the executive team, business, organizational structure, operations, financial condition, financial reporting or prospects of HP or any of its business units; and

    changes in quarterly revenue or earnings estimates by the investment community and variations between actual and anticipated financial results.

        General or industry-specific market conditions or stock market performance or domestic or international macroeconomic and geopolitical factors unrelated to HP's performance also may affect the price of HP common stock. For these reasons, investors should not rely on recent trends to predict future stock prices, financial condition, or results of operations or cash flows. In addition, following periods of volatility in a company's securities, securities class action litigation against a company is sometimes instituted. This type of litigation could result in substantial costs and the diversion of management time and resources.

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This excerpt taken from the HPQ 10-Q filed Jun 8, 2005.

HP's stock price has historically fluctuated and may continue to fluctuate.

        HP's stock price, like that of other technology companies, can be volatile. Some of the factors that can affect our stock price are:

    speculation in the press or investment community about our executive team, strategic position, financial condition, financial reporting, results of operations, business acquisitions or significant transactions;

    the announcement of new products, services or technological innovations by HP or competitors;

    quarterly increases or decreases in revenue, gross margin or earnings, and changes in the business, organizational structure, operations or prospects of HP or any of its business units; and

    changes in quarterly revenue or earnings estimates by the investment community and variations between actual and anticipated financial results.

        General or industry-specific market conditions or stock market performance or domestic or international macroeconomic and geopolitical factors unrelated to HP's performance also may affect the price of HP common stock. For these reasons, investors should not rely on recent trends to predict future stock prices, financial condition, or results of operations or cash flows. In addition, following periods of volatility in a company's securities, securities class action litigation against a company is

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sometimes instituted. This type of litigation could result in substantial costs and the diversion of management time and resources.

This excerpt taken from the HPQ 10-Q filed Mar 11, 2005.

HP's stock price has historically fluctuated and may continue to fluctuate.

        HP's stock price, like that of other technology companies, can be volatile. Some of the factors that can affect our stock price are:

    speculation in the press or investment community about our executive team, strategic position, financial condition, financial reporting, results of operations, business acquisitions or significant transactions;

    the announcement of new products, services or technological innovations by us or our competitors;

    quarterly increases or decreases in revenue, gross margin or earnings, and changes in the business, organizational structure, operations or prospects of HP or any of its business units; and

    changes in quarterly revenue or earnings estimates by the investment community and variations between actual and anticipated financial results.

        General or industry-specific market conditions or stock market performance or domestic or international macroeconomic and geopolitical factors unrelated to HP's performance also may affect the price of HP common stock. For these reasons, investors should not rely on recent trends to predict future stock prices, financial condition, or results of operations or cash flows. In addition, following periods of volatility in a company's securities, securities class action litigation against a company is sometimes instituted. This type of litigation could result in substantial costs and the diversion of management time and resources.

This excerpt taken from the HPQ 10-K filed Jan 14, 2005.

HP's stock price has historically fluctuated and may continue to fluctuate.

        HP's stock price, like that of other technology companies, can be volatile. Some of the factors that can affect our stock price are:

    the announcement of new products, services or technological innovations by us or our competitors;

    quarterly increases or decreases in revenue, gross margin or earnings, and changes in the business, organizational structure, operations or prospects of HP or any of its business units;

    changes in quarterly revenue or earnings estimates by the investment community and variations between actual and anticipated financial results; and

    speculation in the press or investment community about our strategic position, financial condition, financial reporting, results of operations, business acquisitions or significant transactions.

        General or industry-specific market conditions or stock market performance or domestic or international macroeconomic and geopolitical factors unrelated to HP's performance also may affect the price of HP common stock. For these reasons, investors should not rely on recent trends to predict future stock prices, financial condition, or results of operations or cash flows. In addition, following periods of volatility in a company's securities, securities class action litigation against a company is sometimes instituted. This type of litigation could result in substantial costs and the diversion of management time and resources.

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