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  • Hewlett-Packard: After The Autonomy Debacle, Is There Value Left In The Stock? [View article]
    chopchop
    I'd give three thumbs up if I could.
    Nov 21, 2012. 02:51 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    RIQ

    And in the 1930's the auto companies that survived didn't get massive government money thrown at them. The private sector did it.
    Nov 21, 2012. 12:25 PM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    bob
    This is from SA a few minutes ago:
    "The U.S. may be moving away from coal but the rest of the world isn't, with ~1,200 coal plants on the drawing board, the World Resources Institute reports. Many of the proposed new plants are in China and India, and a growing number are being proposed for developing countries such as Cambodia, Guatemala and Uzbekistan, nations looking for cut-rate sources of energy to fuel economic growth."

    While you may continue your nonsense about "the rest of the world....."; the truth is, it isn't true.

    Perhaps we should give the EPA authority over "the rest of the world".
    Nov 21, 2012. 12:14 PM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    kwm
    I never heard of an "advisor" indemnifying a company.
    Nov 21, 2012. 11:52 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    ben gee
    There is no Shangrla-La. Hate to be the one to break the bad news to you.
    Nov 21, 2012. 11:39 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Deer creek
    Agree. I am really sick of Meg's finger pointing and "everybody else screwed up but I am working hard to fix their screw up's" attitude.
    Somebody should remind Meg she was on the B of D when they approved the deal.
    As this moves forward I'd love to hear the depositions.
    Nov 21, 2012. 11:21 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    jack
    Sure, things are finally starting to get better.
    Isn't it a bit early to be drinking Kool Aid?
    Nov 21, 2012. 10:38 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    takeone
    I think it is some new contraption that allows you to read a book while not actually holding a book in your hand. I've only heard about them from my sci fi friends.
    Nov 21, 2012. 10:36 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    deercreek

    Another thought on the HP mess:

    If Meg Whitman knew about the "fraud" in May, 2012, why wasn't this a "material fact" that should have been disclosed in the second quarter HP 10Q?

    At the end of the day, IMO, this will cause more legal woes for HP than just writing off a few billion dollars.
    Nov 21, 2012. 10:34 AM | 2 Likes Like |Link to Comment
  • The fireworks have commenced over H-P's (HPQ -10.4%) Autonomy write-down and fraud accusations. Leo Apotheker, CEO when the Autonomy deal (controversial from the start) was pushed through, insists H-P's due diligence was solid. Fired Autonomy CEO Mike Lynch unsurprisingly denies everything. Meg Whitman, who voted for the deal as a board member, effectively threw Apotheker and former strategy chief Shane Robison under the bus during H-P's earnings call. H-P execs claim both Autonomy's revenue and margins were inflated by hardware deals. [View news story]
    Dr V
    At what point did her "knowledge" become a material fact that should have been disclosed. Surely, the second quarter 10Q should have had some comment I would think.
    Nov 21, 2012. 10:16 AM | Likes Like |Link to Comment
  • Hewlett-Packard: After The Autonomy Debacle, Is There Value Left In The Stock? [View article]
    Bigfatbrain
    I appreciate your experience. However, any due diligence team worth a fig should have figured out how sales are accounted for and how those sales figured into the projections and intimately the value placed on the company for acquisition purposes.Bottom line is HP screwed up.
    Nov 21, 2012. 09:52 AM | 1 Like Like |Link to Comment
  • Hewlett-Packard: After The Autonomy Debacle, Is There Value Left In The Stock? [View article]
    Kyle
    That is why competent companies do due diligence.What all this shows me is that HP had and has no clue.
    Nov 21, 2012. 09:45 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    James
    You need to get a Kindle or iPad. Paper books are so yesterday.
    Happy Thanksgiving.
    Nov 21, 2012. 09:15 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Deloitte today said neither party engaged their firm during the due diligence. My bet is that this is a smoke screen by HP management and the lawyers are cheering their pending big fees.

    Happy Thanksgiving to all.
    Nov 21, 2012. 08:54 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    wmarkw
    NY Gov and AT are good old buddies of Jon with common membership in the democratic party. Don't expect any action against Jon boy.
    Nov 20, 2012. 04:36 PM | Likes Like |Link to Comment
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