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Re: HP - a summary of what went wrong.


 

Two words: Carly Fiorina. Lets not forget her, a TERRIBLE CEO! I had stock in the HP company which was at the time a Test and Measurement company that served many industries. It was a well known and respected company. The HP computers and printers were solely to support automation of the T&M market. They made superb products. The introduction of Compaq was sort of a dilution of the product reputation. The spinoffs ruined the company value and upset the product market. I lost a ton of money on the HP stock and the spinoff. The stock value plummeted. It was a ripoff of shareholder equity.
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