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Table: And Carly Thought the Past Year Was Tough


HP's (HWP) merger with Compaq is off to a good start, but plenty of big hurdles lie ahead

MORALE

Many of the new HP's 145,000 employees don't know if they'll be laid off, and there's still lots of opposition to the deal among the ranks

STRATEGY

HP is betting its new breadth will help it vanquish rivals such as Dell and Sun, but those companies may have more focus with narrower product lines

TECH SPENDING

With tech sales in the dumps, rivals will fight for every deal just as HP needs to concentrate on integrating Compaq's products and employees


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