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HP at a 20% discount is looking pretty good... ~50billion market cap, 5.8 p/e, 2% dividend, and they're getting out of unprofitable sections of their business.
by dave_sullivan 15y ago
HP at a 20% discount is looking pretty good... ~50billion market cap, 5.8 p/e, 2% dividend, and they're getting out of unprofitable sections of their business. At risk of being cliche, think of it as failing fast and pivoting. Go big or go home kind of thing. Success is far from certain but it may be better than staying the course and crashing into the beach.
- CamperBob 15y agoAlso, that $1.2 billion isn't going to look like such a bad investment when Apotheker sells the Palm patents to Apple or Google or Microsoft or Samsung for 5x that price. In this case getting out of the business of making stuff was probably the right thing to do. Blame the US patent system, not the HP execs. The decision would've been an easy one after the Motorola sale.