bull market reasoning (corrected)

Doug Henwood dhenwood at panix.com
Wed Feb 23 09:17:45 PST 2000


Enrique Diaz-Alvarez wrote:


>By the way, I'd revise your "buy" recommendation of HP. It used to be an
>honest, innovative company; an engineer's delight. Now they got that new CEO,
>whose main claim to fame is faking Lucent earnings reports by raiding the
>pension fund (she was smart enough to leave before the shit hit the fan); the
>focus in HP seems to be shifting from technological innovation to earnings
>fakery and spin while insiders dump shares.

Oh but the biz mags love her - attractive, photogenic female CEO, glass-ceiling smasher. Who cares about engineers?

Doug



More information about the lbo-talk mailing list