Hewlett-Packard 401k Plan PSDS Scan 12/31/2008

A lot has changed since the first Hewlett-Packard scan last July. The Balanced portfolio 5yr return is less than half what is was in July 2008. The current scan includes company stock, HPQ, which has a good 5yr return and a Fidelity money market fund as a proxy for all the short term invetments in the plan. The Balanced portfolio is diversified with investments in 11 of the plans options including HPQ which have positive 5yr Sharpe ratios.