Comments on: Horowitz defends HP http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: samlevy1958 http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19401 Thu, 14 Oct 2010 17:28:29 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19401 Shareholders need to start a rebellion. Every time someone at HP opens his mouth, the stock falls. Focus on the business, fellas.

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By: jacksonrowland http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19338 Wed, 13 Oct 2010 17:17:54 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19338 It’s been two months since HP showed Hurd the door and they are still coming up with reasons for doing so. Shouldn’t they get on with their own business? It’s like a guy who breaks up his girlfriend and then won’t stop talking about her.

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By: atHP31 http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19239 Mon, 11 Oct 2010 15:06:11 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19239 Boy, oh boy, the Monday morning quarterbacks are alive and well and chiming in with their “great sense of importance” two cents.

Sure the HP board is incompetent, but that has been true since the Compaq merger. Boards generally get stacked with yes people and the good old boys and girls. so what is really expected.

There is so much more to the Hurd ouster than meets the eye. Negotiating a new, even more lucrative, having n inappropriate relationship with a woman not his wife and being totally despised by the employees is just the tip of the iceberg here. I am sure another soap opera book in in the works.

In the meantime, the employees continue to suffer, the company image continues to suffer and in the end, the shareholders will also suffer because HP will little to offer the IT world except ink and resold products. No innovation any longer.

You have to laugh at Horowitz who stayed at HP just long enough to get his golden parachute. the Poor guy must really be suffering.

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By: Curmudgeon http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19217 Sun, 10 Oct 2010 22:06:18 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19217 Were I able to ask something of the HP board (though I don’t think anyone can at this point), I would ask: Two failed CEOs, no internal executive development or succession plan, the absolutely scary pretexting scandal that at least one board member should have gone to jail for; where is your oversight???

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By: NoSpinZone http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19214 Sun, 10 Oct 2010 17:36:29 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19214 Felix… right on.

Horowitz sure comes up with a lot of nonsense, especially for a guy who has his own ethical problems of some substance. Just google “opsware and Weisel.”

I suspect Ben’s a puppet in this, having his strings pulled by Marc. But before he gets up on his own high horse again, he should be a little bit more honest about his own issues.

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By: Developer http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19210 Sun, 10 Oct 2010 14:06:10 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19210 Next time please explain obscure acronyms like Siwoti.

You were wrong to leave it out, so I had to point it out.

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By: crocodilechuck http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19204 Sun, 10 Oct 2010 06:14:45 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19204 OnTheTimes: +1

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By: OnTheTimes http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19201 Sun, 10 Oct 2010 01:51:12 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19201 Whoa, whoa, whoa, netvet! Carly Fiorina did a great job? She almost single handedly destroyed the company. She demonstrated her proven lack of knowledge about technology (it sooo bugs me when she’s referred to as a former “tech CEO”) by cutting R&D (the essence of HP), and using lame marketing tactics to try to sell garbage. She was so cynical about the products HP sold, she didn’t believe it matters what they were, because she was going to use HP’s “brand” to sell the cheapest stuff they could build.

Fiorina valued form over function, and was followed by Hurd, who tried to manage by accounting (which you can’t do when you are in a business that is constantly evolving, like everything HP does). When you run a company where 80% of your product sales (or some other large percentage) are due to products introduced in the last two years, you cannot decimate your R&D budget. When your “brand” is dependent on being synonymous with technological leadership, you can’t cut investment to puff up your quarterly numbers as Hurd did (his sole advantage over Fiorina was his ability to manage costs beyond just cutting programs). And now the board has followed up both of these mistakes with yet another, hiring somebody with no experience is building or selling hardware, and who arrives with a resume as ethically tainted as the outgoing CEO.

I’m going with Nocera’s take on this mess, that HP’s board fired Hurd because he was weakening their long term ability to remain a factor, and were too chicken to use that excuse, but they are still incompetent fools. But why single out HP’s board? Most boards of publicly traded companies are rubber stamps for the CEO, comprised of CEOs of other companies who want the same hands-off treatment from their boards. It’s politics, just like the government (isn’t that what people want? A government run like business?)

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By: netvet http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19200 Sun, 10 Oct 2010 01:34:04 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19200 Jack Welch is hardly one to comment. He may have had a succession plan, which included when to leave just before the big problems hit the fan, leaving his successor to pick up the pieces. Then, he had the audacity to throw Immelt under the bus iive on CNBC, when numbers were missed, only to provide a left-handed apology later. The incredible shrinking man never saw a camera he didn’t like, and his narcissism is second to none – launching a book named Jack on the day of his retirement, without a mention of the mess he was leaving behind. Naming him CEO of the century is astounding by a prominent magazine makes that magazine less prominent.

Ask Jack how many times his company covered up problems with their engine division, risking the lives of thousands of passengers daily. Is that what the CEO of the century does, or someone who belongs behind bars?

As for the HP BOD, it’s been an atrocity for years. Carly Fiorina did a great job, and the evidence is the performance during the first few quarters after Hurd took over. That performance could not have been due to Hurd, because big companies do not turn around that quickly. Hurd’s timing was fortuitous.

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By: netvet http://blogs.reuters.com/felix-salmon/2010/10/09/horowitz-defends-hp/comment-page-1/#comment-19199 Sun, 10 Oct 2010 01:34:03 +0000 http://blogs.reuters.com/felix-salmon/?p=5710#comment-19199 Jack Welch is hardly one to comment. He may have had a succession plan, which included when to leave just before the big problems hit the fan, leaving his successor to pick up the pieces. Then, he had the audacity to throw Immelt under the bus iive on CNBC, when numbers were missed, only to provide a left-handed apology later. The incredible shrinking man never saw a camera he didn’t like, and his narcissism is second to none – launching a book named Jack on the day of his retirement, without a mention of the mess he was leaving behind. Naming him CEO of the century is astounding by a prominent magazine makes that magazine less prominent.

Ask Jack how many times his company covered up problems with their engine division, risking the lives of thousands of passengers daily. Is that what the CEO of the century does, or someone who belongs behind bars?

As for the HP BOD, it’s been an atrocity for years. Carly Fiorina did a great job, and the evidence is the performance during the first few quarters after Hurd took over. That performance could not have been due to Hurd, because big companies do not turn around that quickly. Hurd’s timing was fortuitous.

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