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H-P (HPQ -3.8%) falls again today after the sell-side response to yesterday's analyst day...

H-P (HPQ -3.8%) falls again today after the sell-side response to yesterday's analyst day remarks and guidance proves as harsh as you'd expect. Barclays thinks H-P's dismal Enterprise Services guidance "highlights structural issues" unique to the company, and notes FY13 free cash flow guidance is well below EPS guidance. H-P now has a market cap of just $28.3B, or a mere 0.23x estimated FY12 revenue.
Comments (1)
  • TwistTie
    , contributor
    Comments (2477) | Send Message
     
    Did David Einhorn sneeze or something?
    4 Oct 2012, 10:50 AM Reply Like
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