Just a day after, HP announced that it would discontinue with the webOS smartphone and tablet business, the company is selling its Wi-Fi only HP Touchpad 16 GB for $99 and 32 GB version for $149.

The 9.7 inch Touchpad, which comes along with a 1,024 x 768 pixel display, a Qualcomm Snapdragon dual-core 1.2GHz processor and 1.3 megapixel camera, got mediocre reviews at the time of its debut and were not moving out of stores fast enough for HP.

The 16 GB Touchpad which was originally launched at $499 and the 32 GB at $599, was slashed by $100 earlier this month to push the sales.

HP will be lowering the price of the TouchPad beginning Saturday 8/20/11. This is the lowest price ever for the TouchPad so please post it as soon as it goes live, read a memo sent to the company associates.

And now the dramatic price cut has put the stores out of stock to satisfy the customers looking for bargain in the Web sites.

Office Depot is offering the 16 GB for $130 (rather than $99) and the 32 GB for $150. HP.com, HP Academy, Target, Amazon, Sam’s Club all had TouchPads at these prices but have now sold out.

It is not available everywhere in Canada as well, only in the north’s Best Buy and Future Shop stores. While the Future Shop lists the Touchpads as being in stock, Best Buy Canada does not.

The TouchPad’s liquidation and the company’s announcement regarding the shutdown of webOS operations come a month and a half after the device originally went on sale.