I was checking the HP press release on 3rd Quarter earnings today - they got
beaten up by the market (fell almost $4) because of a 26% decrease in
quarterly earnings. So, just for fun, I plotted the quarterly earnings
growth over the past 2 years. Quarterly earnings for 3rd quarter are about
10 times the quarterly earnings from 2 years ago. (Assuming I understand the
figures, which is not certain!)
Quarterly revenue is 5 times the figure from 2 years ago.
I guess I'm not going to sell any time soon!
Tony