Wednesday, February 9, 2005
HP Fire Carly Fiorina: Much Rejoicing (Apparently)
Posted by Jonathon Watkins in "NEWS" @ 08:30 AM
"Carly Fiorina was ousted Wednesday as chairman and chief executive of Hewlett-Packard , ending a stormy six-year tenure that was marred by the heretofore unsuccessful acquisition of Compaq Computer. The shares rallied $1.57, or 7.8%, to $21.71 in morning trading."
Well, this surprise announcement brings Carly's reign at HP to an end. Hopefully this will end the lackadaisical performance of the past few years. The stock market certainly liked the news. ;-) The initial reports suggests that HP's strategy will remain the same, but lets hope they can raise their game with regards to their Pocket PCs. They need to. Now, when discussing this news remember, play nicely and don't gloat too much! ;-)
Well, this surprise announcement brings Carly's reign at HP to an end. Hopefully this will end the lackadaisical performance of the past few years. The stock market certainly liked the news. ;-) The initial reports suggests that HP's strategy will remain the same, but lets hope they can raise their game with regards to their Pocket PCs. They need to. Now, when discussing this news remember, play nicely and don't gloat too much! ;-)
