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Technology Stocks : Hewlett-Packard (HPQ) -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (3925)	3/31/2006 12:14:46 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 4345

Are you familiar with the Rosenfeld firings in EMEA? It shows that at present, HP has very little control over there. And that the head of the region, who ever that is, is incompetent. One thing management has to know is how to fire people. My view is that in the long run, Hurd will not back down, and HP will regain control of EMEA. Here is a good, if dated, synopsis: Update: Export Controversy Rocks HP's Israeli Unit Hewlett-Packard's European unit has reportedly reversed a decision last week to fire 14 employees, including CEO Gil Rosenfeld, following an internal company probe of the unit's export practices. By Joel Bainerman EE Times Mar 27, 2006 09:51 AM TEL AVIV, Israel — Hewlett-Packard's European unit has reportedly reversed a decision last week to fire 14 employees, including CEO Gil Rosenfeld, following an internal company probe of the unit's export practices. The firings reportedly occurred Friday (March 24) after an extensive investigation by executives in HP's European operation, according to Israeli press reports. The probe focused on alleged "gray market" sales outside Israel, which violates company policies. However, HP Europe relented on Sunday after Rosenfeld denied the allegations and claimed he was being set up. The dismissals were based on suspicions that the Israeli subsidiary sold products that were intended for the Israeli market to other countries at cheaper prices. The export practice violates a permit granted to the Israeli unit by HP that forbids it to sell products outside Israel. An HP spokeswoman on Monday dismissed statements informationweek.com