Wednesday, February 09, 2005
WSJ.com - Carly Fiorina Forced Out As H-P CEO, Chairman(subscription) It's about time that Carly, and HP gave up their positions as poster children for Women in the boardroom. Did we all grow tired of seeing profiles of her career, open bickering between her and the old guard, video specials of her holding forth on such weighty topics as, uh, marketing strategies? HP was, and can probably never be again a pure technology company. Now they look more like "Dell lite". Maybe this was inevitable, Carly or no Carly. But she BRAGGED about it, and the company has yet to show th advantages of the merger with Compaq other than dubious numbers on a spreadsheet.
I'd look for movement on IBM stock in the next few months as HP realizes there is no going back.
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