HP suffers from poor corporate spend

MAKER OF expensive printer ink, HP is set to announce its figures tomorrow and analysts say that the outfit is suffering from slow corporate spending.

Wall Street soothsayers told the AP that HP is going to report a picture similar to the one IBM did last month, with all its departments losing cash.

On the positive side, the analysts expect HP to say that PC sales are bottoming out and things are starting to get better. µ