Larry Ellison sure seems to think "Helwett Blewett." He again today blasted HP for its treatment of former CEO Mark Hurd. Ellison commented to the Wall Street Journal, "I'm speechless... HP had several good internal candidates...but instead they pick a guy who was recently fired because he did such a bad job of running SAP." Ellison further commentated that most of the board of HP does not own the stock so they have little to lose.
At this time it appears that HP is moving towards a more software based approach. The stock finished down 3.09% on the news.CEO of The Markets Are Open has already recommended HP Stock.
To read his report Click Here
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