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Hewlett-Packard Company Message Board

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  • gopher_catcher gopher_catcher Nov 5, 2012 10:17 AM Flag

    HP closer to turnaround or bankruptcy?

    The company has a lot of debt. The biggest threat is from the falling cash flows. The low cash generation and high debt is causing delayed development of products. Management has already said they want more mobile but the estimated date is 2-3 years out. They want it now, but they simply cannot spend to develop it. This is actually be good news because it is forcing the company to return to a policy of funding new business from its profits. This worked for 60 years while HP provided the world wirh great products. Then the arrogant, greedy, narissistic pukes got a hold of the company and nearly ruined it. Let's hope the people in control have read and understood Dave Packards book.

    Sentiment: Hold

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