Wednesday, June 22, 2005

Is there red ink in ketchup?

I picked up a FT at the airport this morning and was stunned when I scanned the headlines on the sidebar. One said "Heinz to buy HP for £470M". Huh? What the ...? Of course, I heard the rumors that HP would spin off or sell some of its business groups, but wasn't aware of the fact that HP had a ketchup unit. Unless, that red stuff in those expensive inkjet cartridges is really... Also, that 470M sounded like an awfully low price for HP. Or did Carly get an extraordinary golden handshake?

Turns out, it was only my wicked analyst brain's assumption that the article talks about HP as I know it: Hewlett Packard. Apparently, there is a company named HP Foods and they don't produce ink, but make sauce. Maybe they are using that sauce in printers... hmm, gotta check my next expense report, whether it smells like soy.

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