Sell, Sell, Sell HPQ
Staggering, but what you have come to expect from Hewlett-Packard (HPQ).
That's how I feel about this revelation about Autonomy's fraudulent accounting. You had a company that so many people thought was overvalued being bought by a CEO who was clearly overvalued, OK'd by a board that had no value. I don't know a soul who thought this deal was a good one to begin with except Leo Apotheker, at least at the price it was going to pay. Lest we forget, Oracle did want to buy them for $6 billion, $4 billion less that HPQ paid. But I could argue, shrewd acquirer that he is, Larry Ellison would not have gone through with this transaction....418 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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