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Technology Stocks : Hewlett-Packard (HPQ)

HPQ 22.12

-0.8%

2:20 PM EST

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To: Captain Jack who wrote (526)	5/21/2002 4:27:03 AM
From: BelowTheCrowd	Read Replies (3) of 4345

I wonder why people still say she's a "winner?" What did she ever win? Yes, she helped "build up" Lucent. We now know that Lucent was a house of cards, a one-trick pony that was built up largely on unrealistic projections, merger-accounting "revenues," and endless "one time charges." It's also clear that virtually everybody in management knew it was a house of cards. The only reason Carly "won" is because she jumped ship before the inevitable collapse, trading in her overvalued options for a more solid guarantee from HP. And what has she "won" at HP. Not anything yet. A neat marketing campaign. A "reorganization" that doesn't make sense to most of the people in the organization and doesn't take into account the organization's capabilities and strengths. Now a merger that has little support among the employees and barely a majority among the shareholders. Yes, she has balls. So did Lee at Gettysburg. That's not enough. Michael

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