Suddenly, Hewlett Packard Is Doing Everything Right

It axed a raft of committees. Now, new products fly to market

It was early last December, and time was running out for Hewlett-Packard Co. In barely a month, it was supposed to introduce a hot new workstation. But market researchers said that at $7,500, the machine was priced $2,500 too high to compete with models from archrivals Sun Microsystems Inc. and Digital Equipment Corp. Stolid, slow-moving HP was delivering a dud.

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