At a PE of 8 for example 3.4 eps x 8 would mean 27.4 a share for HPQ yet its down to under 15 now. OR am I reading something wrong? http://community.nasdaq.com/News/20...ctober-4-2012-market-news.aspx?storyid=179076 Meanwhile, Hewlett-Packard Company's (NYSE: HPQ ) CEO Meg Whitman announced that company was lowering its earnings forecast for fiscal 2013. The announcement dragged the company's share price to a nine year low. Whitman further added that except software, earnings from all other businesses might fall. H-P's shares plunged 13% to close at $14.91 yesterday. The company anticipates adjusted earnings in the range of $3.40 to $3.60 per share for fiscal 2013.