Search This Blog

Wednesday, October 5, 2011

Bill Ackman on Bloomberg TV

Bill Ackman of Pershing Square capital was recently on Bloomberg TV discussing his view on Hewlett Packard (NYSE: HPQ). Basically he says HP looks cheap but the future of the PC industry is difficult to handicap and there announcement to potentially spin the PC division off has irreparably hurt that brand. He basically said they internally have brain damage and need to do a bunch to right the ship.

No comments: