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Friday, August 24, 2012

The current stock price of H.P. “indicates a company that is bankrupt in six years,”

The current stock price of H.P. “indicates a company that is bankrupt in six years,” said Amit Daryanani of RBC Capital Markets. While he did not think that projection is really prophetic, he thinks a breakup will at some point become possible. “A couple more quarters like Wednesday, and you have to ask if it’s better to split up the company so some of the smaller companies can prosper.”

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