Finally the market is seeing the truth behind the smoke and mirrors:
"-Despite reporting in-line results in Q4, HPE stock fell on news of CEO Meg Whitman's departure.
-HPE fundamentals are still a complete mess, with declining revenues in its core server products.
-The software business, once considered the lynchpin of HPE post-split, has been sold to MicroFocus for $8.8 billion, eliminating a major growth driver for the company.
-High memory prices, specifically for NAND flash, continued to eat into HPE's margins.
-HPE lacks direction, and even new leadership won't be able to shake it up in the near term. Continue to avoid this stock, despite its new lows. (...)"
Continues at https://seekingalpha.com/article/4127212-hewlett-packard-enterprise-company-chaos