HP could be headed for another multibillion-dollar write off

Even if the worst is over for HP (HPQ), the company may not yet be done writing off losses from past acquisitions. The�San Jose Business Journal�interviewed a few analysts to get predictions on what HP?s analyst meeting will reveal next week, and Jefferies?�Peter Misek says that the electronics giant could be poised to write off $3 billion in losses linked to its 2011 acquisition of�enterprise information technology firm Autonomy. Last quarter, HP took a $8 billion charge related to its 2008 acquisition of Electronic Data Systems.�Overall,�Misek has recommended that investors sell their HP shares and has projected that the company?s stock price will drop to as low as $14 over the next year. Read

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