SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                 SCHEDULE 13G
                                (Rule 13d-102)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
                           PURSUANT TO RULE 13d-2(b)

                         (Amendment No.____________)(1)


                                 NAVISITE, INC.
--------------------------------------------------------------------------------
                                (Name of Issuer)


                     COMMON STOCK, PAR VALUE $.01 PER SHARE
--------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                   63935M109
--------------------------------------------------------------------------------
                                 (CUSIP Number)


                               DECEMBER 13, 2002
--------------------------------------------------------------------------------
            (Date of Event Which Requires Filing of this Statement)


     Check the  appropriate  box to  designate  the rule  pursuant to which this
Schedule is filed:

          [_]  Rule 13d-1(b)

          [X]  Rule 13d-1(c)

          [_]  Rule 13d-1(d)


----------
(1)  The  remainder  of this  cover  page  shall be filled  out for a  reporting
     person's  initial  filing on this form with respect to the subject class of
     securities,  and for any subsequent amendment containing  information which
     would alter the disclosures provided in a prior cover page.

     The  information  required in the remainder of this cover page shall not be
     deemed to be "filed" for the purpose of Section 18 of the  Securities
     Exchange Act of 1934 or otherwise  subject to the  liabilities of that
     section of the Act but shall be subject to all other provisions of the Act
     (however,  see the Notes).

     Potential person who are to respond to the collection of information
     contained in this form are not required to respond unless the form displays
     a currently valid OMB control number.





CUSIP No.63935M109                  13G                        Page 2 of 7 Pages


________________________________________________________________________________
1.   NAME OF REPORTING PERSONS.  Hewlett-Packard Company
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                                   94-1081436

________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [X]
                                                                 (b)  [_]

________________________________________________________________________________
3.   SEC USE ONLY



________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     State of Delaware

________________________________________________________________________________
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           -0-
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          35,217,048
               _________________________________________________________________
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         -0-
               _________________________________________________________________
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            35,217,048
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     35,217,048 shares of Common Stock, par value $.01 per share

________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [_]

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     19.6%

________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*

     CO

________________________________________________________________________________





CUSIP No.63935M109                  13G                        Page 3 of 7 Pages


________________________________________________________________________________
1.   NAME OF REPORTING PERSONS.  Hewlett-Packard Financial Services Company
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

                                   76-0523923

________________________________________________________________________________
2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                 (a)  [X]
                                                                 (b)  [_]

________________________________________________________________________________
3.   SEC USE ONLY



________________________________________________________________________________
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

     State of Delaware

________________________________________________________________________________
  NUMBER OF    5.   SOLE VOTING POWER

   SHARES           -0-
               _________________________________________________________________
BENEFICIALLY   6.   SHARED VOTING POWER

  OWNED BY          35,217,048
               _________________________________________________________________
    EACH       7.   SOLE DISPOSITIVE POWER

  REPORTING         -0-
               _________________________________________________________________
   PERSON      8.   SHARED DISPOSITIVE POWER

    WITH            35,217,048
________________________________________________________________________________
9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     35,217,048 shares of Common Stock, par value $.01 per share

________________________________________________________________________________
10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

                                                                          [_]

________________________________________________________________________________
11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     19.6%

________________________________________________________________________________
12.  TYPE OF REPORTING PERSON*

     CO

________________________________________________________________________________





CUSIP No.63935M109                     13G                     Page 4 of 7 Pages


Item 1(a).  Name of Issuer:

            NaviSite, Inc.

            ____________________________________________________________________

Item 1(b).  Address of Issuer's Principal Executive Offices:

            400 Minuteman Road, Andover, MA 01810

            ____________________________________________________________________

Item 2(a).  Name of Person Filing:

            Hewlett-Packard Company

            ____________________________________________________________________

Item 2(b).  Address of Principal Business Office, or if None, Residence:

            3000 Hanover Street, Palo Alto, California 94304

            ____________________________________________________________________

Item 2(c).  Citizenship:

            State of Delaware

            ____________________________________________________________________

Item 2(a).  Name of Person Filing:

            Hewlett-Packard Financial Services Company

            ____________________________________________________________________

Item 2(b).  Address of Principal Business Office, or if None, Residence:

            420 Mountain Avenue, Murray Hill, New Jersey 07974

            ____________________________________________________________________

Item 2(c).  Citizenship:

            State of Delaware

            ____________________________________________________________________

Item 2(d).  Title of Class of Securities:

            Common Stock, par value $.01 per share

            ____________________________________________________________________

Item 2(e).  CUSIP Number:

            63935M109

            ____________________________________________________________________




CUSIP No.63935M109                   13G                       Page 5 of 7 Pages


Item 3.     If This Statement  is Filed  Pursuant to  Rule 13d-1(b), or 13d-2(b)
            or (c), Check Whether the Person Filing is a:

     (a)  [_]  Broker or dealer registered under Section 15 of the Exchange Act.

     (b)  [_]  Bank as defined in Section 3(a)(6) of the Exchange Act.

     (c)  [_]  Insurance  company as defined in Section 3(a)(19) of the Exchange
               Act.

     (d)  [_]  Investment  company  registered under Section 8 of the Investment
               Company Act.

     (e)  [_]  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

     (f)  [_]  An employee  benefit plan or endowment  fund in  accordance  with
               Rule 13d-1(b)(1)(ii)(F);

     (g)  [_]  A parent  holding  company or control  person in accordance  with
               Rule 13d-1(b)(1)(ii)(G);

     (h)  [_]  A savings  association  as defined in Section 3(b) of the Federal
               Deposit Insurance Act;

     (i)  [_]  A  church  plan  that  is  excluded  from  the  definition  of an
               investment  company  under  Section  3(c)(14)  of the  Investment
               Company Act;

     (j)  [_]  Group, in accordance with Rule 13d-1(b)(1)(ii)(J).


Item 4.  Ownership.

         Provide  the  following  information  regarding  the  aggregate  number
         and percentage of the class of securities of the issuer identified in
         Item 1.

     (a)  Amount beneficially owned:  35,217,048

          ______________________________________________________________________

     (b)  Percent of class:  19.6%

          ______________________________________________________________________

     (c)  Number of shares as to which such person has:

          (i)   Sole power to vote or to direct the vote: -0-__________________,


          (ii)  Shared power to vote or to direct the vote:  35,217,048________,


          (iii) Sole power to dispose or to direct the disposition of:  -0-____,


          (iv)  Shared power to dispose or to direct the disposition of:
                35,217,048______________________________________________________


Item 5.  Ownership of Five Percent or Less of a Class.

         If this statement is being filed to report the fact that as of the date
         hereof the reporting person has ceased to be the beneficial owner of
         more than five percent of the class of securities check the following
         [ ].

         Not Applicable
         _______________________________________________________________________

Item 6.  Ownership of More Than Five Percent on Behalf of Another Person.

         Not Applicable

         _______________________________________________________________________




CUSIP No.63935M109                   13G                       Page 6 of 7 Pages


Item 7.  Identification and  Classification of the Subsidiary Which Acquired the
         Security  Being  Reported on by the Parent  Holding  Company or Control
         Person.

         Not Applicable

         _______________________________________________________________________

Item 8.  Identification  and  Classification  of Members of the Group.

         Not Applicable

         _______________________________________________________________________

Item 9.  Notice of Dissolution of Group.

         Not Applicable

          ______________________________________________________________________




CUSIP No.63935M109                   13G                       Page 7 of 7 Pages


Item 10.  Certifications.

     (b)  The  following  certification  shall be included if the  statement  is
          filed pursuant to Rule 13d-1(c):

          "By signing  below I certify  that,  to the best of my  knowledge  and
          belief, the securities referred to above were not acquired and are not
          held for the purpose of or with the effect of changing or  influencing
          the control of the issuer of the  securities and were not acquired and
          are not held in connection with or as a participant in any transaction
          having such purpose or effect."





                                    SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


                                        HEWLETT-PACKARD COMPANY



Date:  December 20, 2002               By: /s/ CHARLES N. CHARNAS
                                       ----------------------------------------
                                       Name:  Charles N. Charnas
                                       Title:  Vice President, Deputy General
                                               Counsel and Assistant Secretary



                                        HEWLETT-PACKARD COMPANY FINANCIAL
                                        SERVICES COMPANY



Date:  December 20, 2002               By: /s/ CHARLES N. CHARNAS
                                       ----------------------------------------
                                       Name:  Charles N. Charnas
                                       Title:  Assistant Secretary



     The original statement shall be signed by each person on whose behalf the
statement is filed or his authorized representative (other than an executive
officer or general part of this filing person), evidence of the representative's
authority to sign on behalf of such person shall be filed with the statement,
provided, however, that a power of attorney for this purpose which is already on
file with the commission may be incorporated by reference.  The name and any
title of each person who signs the statement shall be typed or printed beneath
his signature