Ackman Says HP `Looks Cheap' But He Won't Invest

Oct. 5 (Bloomberg) -- Bill Ackman, founder of Pershing Square Capital Management LP, says he won't invest in Hewlett-Packard Co. because of industry uncertainty. He spoke yesterday at the Harmonie Club in New York in a discussion moderated by Bloomberg's Erik Schatzker. (This report is an excerpt. Source: Bloomberg)