Hewlett Packard's Market Value Plummets, Oracle in for the Kill?

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derbed

Their software is clunky and bloated from printers to servers. They can't compete and be so diversified at the same time. They should get back to thier roots if there are any left, or liquidate. I think liquidation is the best scenario considering the lack of soul in the heirarchy of the company.

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publicimage

HP's Envy line is interesting, but other companies like Asus have more appealing products to me. Maybe someone can swoop in for the buy and transform HP's computer line-up a la IBM/Lenovo?

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tnrccola

Isn't Mark Hurd CEO of Oracle? And wasn't his last job CEO of HP? I think I smell a rat.

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JohnP

I was with HP when Lew Platt announced in-house back in late 90's that the goal of HP was to become the world's largest manufacturer of PCs. Lo and behold it happened but no one knew at the time how cutthroat the business would become. It does HP no good to sell stuff that has such a low profit margin just for the sake of selling stuff (leave that to the Japanese). I thought it was a really bad decision at the time and I applaud the company for getting out.

 It is such a crock to use the value of a share of stock to run your business. The absurd but logical conclusion to this would be to sell the entire company off and give all the money to the stockholders. Is that a way to run a company?

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Thresher

The whole fiasco smelled like a panic move.

HP Management is just awful.

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livebriand

Getting rid of their PC business AND tablets/smartphones is simply a way to put themselves on a path toward doom.

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I Jedi

They should have slowly killed their PC division overtime, rather than slam the brakes on it.

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Happy

Yep.

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DoctorX

hehe.... what goes around comes around... 

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