H-P Set to Outpace, CEO Says

Hewlett-Packard Co. (HPQ) Chief Executive Mark Hurd said his company was poised to grow faster than the overall technology market amid signs spending on several critical H-P products was beginning to pick up.

“We feel in the end, we’re pretty well positioned to go out in the marketplace and win,” Mr. Hurd said during a presentation at the Palo Alto, Calif., company’s financial analyst day. “H-P’s best days are ahead of it, not behind it.”

Mr. Hurd added that H-P’s performance would be driven in large part by the overall tech market, which is starting to show some signs of life, and that the company would grow more quickly than the market “if in fact that growth presents itself.”

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