Basic Company Data Data as of: March 14, 2011 Current Price $41.

55
Symbol HPQ HEWLETT-PACKARD CO H&C Composite Score
Description Hewlett-Packard Company provides imaging and printing systems, computing
Sell
systems, and information technology services for business and home. The
Company's products include laser and inkjet printers, scanners, copiers and
faxes, personal computers, workstations, storage solutions, and other computing
0.3
and printing systems. Hewlett-Packard sells its products worldwide.

Sector Information Technology

Industry Technology Hardware & Equipmen 0 1 2 3 4 5
Last Report Date 2/22/2011 Technical Score Fundamental Score
Earnings Date 5/18/2011 IPO Date 11/6/1957
Fundamentals Technicals
Market Cap. $89.9 B BETA 1.03 Price $41.55 MACD Trend Down
Price/Earnings 9.55 1Yr. EPS Growth Rate % 6.09% 50-Day MA $45.48 Stochastics OverSold
Forward Price/Earnings 7.32 5Yr. Avg. EPS Growth Rate % 21.31% 200-Day MA $43.66 RSI Signal Trend Down
Price/Book 2.19 EPS Growth QoQ 24.49% 50/200 Day MA $1.82 S/T Trend Down
Forward PEG Ratio 0.76 Revenue Growth QoQ 3.61% Volume Pressure 1.06 L/T Trend Down
Return on Equity 33.20 Dividend Yield 0.77% Average Daily Volume 21,638,046 Bull / Bear Bear Trend
LT Debt/Equity 37.72% Cash Flow Per Share 5.14 M-Score (0 - 100%) 7%
H&C Fundamental Score 3.2 H&C Technical Score -2.9
Ownership Data
Inst. Buy/Sell Ratio 0.96 Management Ownership 0.09% 50 Day Moving Average S/T Support L/T Support
% Change of Insider Holdings -1.91% Short Interest Ratio 0.69 20 Day Moving Average S/T Resistance L/T Resistance

HEWLETT-PACKARD CO $53
$52
$51
$50
$49
$48
$47
$46
$45
$44
$43
$42
$41
$40

10.0
Bull Trend Bear Trend

0.0

-10.0
2.5
Up / Down Volume Ratio 2.0
1.5
1.0
0.5
0.0
1,500

1,000

500

0
16-Nov-10 1-Dec-10 15-Dec-10 30-Dec-10 13-Jan-11 28-Jan-11 11-Feb-11 28-Feb-11 14-Mar-11
Volume x100,000
Fundamentals
HEWLETT-PACKARD CO
1
Earnings Per Share 2
Reported Estimate Target Price 19 Reported Estimate
$1.80 $70

$1.60
$60
$1.40
$50
$1.20

$1.00 $40

$0.80 $30
$0.60
$20
$0.40
$10
$0.20

$0.00 $0

Total Revenues 1
Reported Estimate
Ownership EPS & Revenue Growth
Investment Advisor 80.10% Quarter EPS Growth Rev. Growth
$40,000
Other 5.53% FQ2 2009 -1% -3%
Hedge Fund Manager 4.41% FQ3 2009 7% -2%
$35,000
Pension Fund (ERISA) 3.83% FQ4 2009 10% -8%
$30,000 Insurance Company 3.29% FQ1 2010 8% 8%
Mutual Fund Manager 1.38% FQ2 2010 14% 13%
$25,000 Bank 0.56% FQ3 2010 5% 11%
Unclassified 0.29% FQ4 2010 4% 8%
$20,000 FQ1 2011 24% 4%

$15,000 Top Holders and % Outstanding Forward Growth Estimates

STATE STREET CORP 5.09% Quarter EPS Growth Rev. Growth
$10,000 DAVID & LUCILE PACKA 4.52% FQ2 2011 23% 3%
VANGUARD GROUP INC 3.85% FQ3 2011 27% 4%
$5,000
DODGE & COX 3.44% FQ4 2011 22% 4%
BLACKROCK INSTITUTIO 2.59% FQ1 2012 14% 4%
$0
CAPITAL RESEARCH GLO 2.30%
STATE FARM MUTUAL AU 1.94%
FIDELITY MANAGEMENT 1.94%

Largest Geographic Segmentation of Revenue Product Segmentation of Revenue

Yearly Yearly
Segment Name FY 2010 FY 2009 FY 2008 FY 2007 FY 2006 Segment Name FY 2010 FY 2009 FY 2008 FY 2007 FY 2006
NON-U.S. #N/A N/A 73,238.00 81,432.00 69,472.00 59,414.00 Technology Solutions Group $57,172.00 $53,624.00 $44,597.00 $37,740.00 $34,226.00
U.S #N/A N/A 41,314.00 36,932.00 34,814.00 32,244.00 Personal Systems Group $40,741.00 $35,305.00 $42,295.00 $36,409.00 $29,166.00
Imaging and Printing Group $25,764.00 $24,011.00 $29,614.00 $28,465.00 $26,786.00
HP Financial Services $3,047.00 $2,673.00 $2,698.00 $2,336.00 $2,078.00
Corporate Investments $1,863.00 #N/A N/A $965.00 $762.00 $566.00
Elimination of Intersegment Net Revenue & Other -$2,554.00 -$1,829.00 -$1,805.00 -$1,426.00 -$1,164.00

Disclosure: This material is provided for information only and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security or financial instrument. This material is not a complete analysis of all material facts respecting any issuer, industry or
security or of your investment objectives, parameters, needs or financial situation, and therefore is not a sufficient basis alone on which to base an investment decision. Horowitz & Company clients may hold positions (long or short) in investments discussed. Please click for detailed
disclosures and additional information about our stock ratings and scoring.

3/14/2011