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Author: mungofitch Big gold star, 5000 posts Top Favorite Fools Top Recommended Fools Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 14292  
Subject: Re: HP Date: 11/20/2012 12:47 PM
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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.

Jim
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