More HP scenario analysis
“The number of people that could pay at least $55 billion is extremely small,” Kelleher, an analyst at Argus in New York, said in a telephone interview. “Most people feel the value of all these assets is going to go down.”
Fiduciary Trust’s Mullaney says Hewlett-Packard, which has lost almost half its value since Hurd left a year ago, must consider all options to help shareholders recoup their money.
“You can pretty much take a look at the stock price, look at when Hurd exited, and then look at now,” he said. “It’s pretty straightforward. Something’s not working.”