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  • gopher_catcher gopher_catcher Nov 8, 2012 10:36 PM Flag

    Itanium 9500

    As I understand it, there is a damage suit against Oracle for the lost business their actions caused HP. I believe this suit is in January or February. A $multi-billion damage is probably going to be asked. If this information is correct and HP prevails it would help HP. This however, would only cover a fraction of the loss HP suffered from the hands of Mark Hurd while he was CEO. His numbers looked good on the surface, but they were bought with HP asset sales, debt increases, stock buy backs and reductions in activities critical to a technology company

    Sentiment: Hold

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