Hewlett-Packard (HPQ)

[iam802]

I think HPQ will face a huge challenge here.

1. They have to prove Mark Hurd is going to release those confidential info (which he has not done so)

2. Can Oracle put him in a restructuring role to oversees M&A?
- I think yes. After all, Mark Hurd has slashed lots of costs for HPQ and return it to profitability.
- So Mark Hurd can be deploy to oversee the restructuring of SUN.
- how about 2 years of restructuring? Enough time to see that any agreement has expired?

3. If relationships between HPQ and Oracle goes south, what will HPQ ends up with?
- No database?
- look to IBM for database?
- How about Java (which Oracle owns through the acquisition of SUN)?

Anyway, such lawsuits are common between tech giants.

[kennynah]

HPQ just needs to make life a complete nightmare for mark hurd by constantly harassing him... preventing him from giving his level best to his next employer... eagle his every corporate move and at the slightest evidence of breach, charge him again and again...

this is enough to scare off any potential employer....

anyways, given a usd40mil handshake, is enough for some comfortable retirement living liao lah....

[iam802]

Case settled. Hurd return shares.

From 8k filing

...

As part of that resolution, HP and Mr. Hurd agreed to modify the terms of the Separation Agreement and Release entered into between them on August 6, 2010 (the “Separation Agreement”), a copy of which was filed as Exhibit 10.1 to a Current Report on Form 8-K filed by HP with the Securities and Exchange Commission on that same date. Under the terms of the modification, Mr. Hurd has agreed to waive his rights to the 330,177 performance-based restricted stock units granted to Mr. Hurd in January 17, 2008 referenced in paragraph 2.d. of the Separation Agreement and to the 15,853 time-based restricted stock units granted to Mr. Hurd on December 11, 2009 referenced in paragraph 2.e. of the Separation Agreement, which collectively represent the only remaining compensation that Mr. Hurd was entitled to receive under the terms of the Separation Agreement. The terms of the Separation Agreement have not otherwise been modified.

[kennynah]

released new toy...

touchsmart 310 pc

[iam802]

HP Sees FY11 Revenue, Earnings Above Consensus

http://www.rttnews.com/Content/TopStori ... 31114&SM=1


Very nice chart formation.

If they announced a CEO which the market warms to...it will go up further. Target $44.

[iam802]

HP Names SAP Ex-Chief as Its New CEO, Shares Slide

http://abcnews.go.com/Business/wireStory?id=11769120

Hewlett-Packard Co named Leo Apotheker, the former head of German software company SAP, as chief executive in a surprise appointment and HP shares dropped 3 percent.

...

[iam802]

HP to launch new webOS phones in early 2011

http://www.reuters.com/article/idUSTRE6951GZ20101006

(Reuters) - Hewlett-Packard Co will introduce smartphones in early 2011 using the webOS software it acquired through its $1.2 billion Palm buy earlier this year, a senior company official said on Wednesday.

"You will see us coming early next year with new phones," Senior Vice President Eric Cador told an industry conference.

HP bought Palm, an early pioneer in handheld devices, to tap into the fast-growing smartphone industry and get access to Palm's acclaimed webOS operating system.

"More importantly we acquired webOS," Cador told the conference in Barcelona, adding Palm's intellectual property was "extremely fundamental" in the deal.

HP, the world's largest technology company by revenue, is already a dominant force in PCs, servers, services and printers. But without a credible smartphone offering, it risked being left behind in a rising and highly profitable market, one that rivals both at home and in Asia are increasingly moving into.

PC makers Dell, Lenovo and Acer are all pushing into smartphones, which offer advanced services such as streaming video, e-mail and GPS in addition to voice calls.

[kennynah]

i think they are wise to do so ....

to be held hostage by microsoft is never to be a winning answer when it comes to technology business..

in tech business, you either are the owner of the technology or you will never be able to reach its maximum potential...

[iam802]

Off-Topic.

Nokia Service Centres are empty nowadays.

Gone are the days where it is packed with people.

AAPL really screw companies that are complacent (eg. Creative, and now NOK)

[kennynah]

even my wife changed from nokia to iphone.... when her nokia is in perfectly good condition....

the allure of aapl's products....