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Subject:  Re: HP Date:  11/20/2012  12:47 PM
Author:  mungofitch Number:  12912 of 16841

A very large flaming piano.

It sure is! Man, what a nightmare. "Nah, we didn't overpay, the numbers were cooked!"
Even if true, what a boondoggle.

It's trading at $11.83, so I just doubled my position.
From almost nothing to not-quite nothing.

FWIW, the lowest EPS estimate among 33 analaysts is EPS=3.25 for the year ending Oct 2013.
So that most-pessimistic forecast puts them at a P/E of 3.6x.
I don't normally believe analysts at all, but hey, that's a really small number dude.

Should be fun to see what the stock price does when they cut the dividend.

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