HPQ after the bell, should be interesting to see how many layoffs they announce.
They are thinking anywhere between 25,000-35,000
I think HPQ breaks $20 tonight, if not tonight then certainly over the next 2 weeks.
Investors might take the job cut announcement as a positive but in reality its not, they just need to find an easier way to make their bottom line and thats to get rid of at least 10% of their work force.
