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Any chance this is just a smokescreen for other problems at HP?

• gsibble 14y ago
  The thought occurs, but lying to investors of a publicly traded company (ie. HP lying about accounting fraud) would in and of itself be massive fraud that would open HP and its officers and board to incredible penalties. I can't imagine how any scenario would make it worthwhile, especially if you consider the personal ramifications for the officers.
  • mark-r 14y ago
    I'm not saying they're lying, but certain things like timing are under their control. I also wonder how much leeway they have for the amount of the writedown. Certainly the numbers need justification but you can always tilt the evidence to support your desired outcome.