Powering Down

May 23 was the last time I looked at Hewlett-Packard (HPQ). I was doubtful the shares could go much higher, since the stock had already jumped 50%.

Since then, HPQ is down 8% -- and that's after yesterday's 9% pop. Hewlett-Packard has been a terrible investment. The stock's price had fallen about 43% in the last five years. But optimism reigns supreme among the investment community. Investors have been betting that CEO Meg Whitman will be able to turn the beleaguered company around. Most value investors have their sights set on $30 a share....280 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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