Poor HP Earnings Dim Hopes for Tech

<div><p> Investors looking for evidence that the tech sector has rounded recession's corner were disappointed by results released Aug. 18 by Hewlett-Packard (HPQ). The world's largest maker of computers said profits tumbled 19% and that while business conditions are becoming more stable, pricing battles are likely to erode profit further. "We're encouraged by the stability we're beginning to see in the market but not yet ready to call it a turn," Hewlett-Packard CEO Mark Hurd told analysts on a conference call discussing the results.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=57001882&bid=informcom" /></div><div id="copyright"><div>


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