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Originally Posted by The_Waco_Kid well it certainly won't pay her anywhere near the loot she got for fucking up HP, and she did fuck HP up. when she got the job at HP, she was a senior executive at Lucent, then a subsidiary of AT&T. and she was on the outs there, probably not "going to be fired" but she'd hit the ceiling, she was as high up the chain as she was going to get. so bailing to HP as CEO was certainly a step up, a major step actually.
Are you criticizing her for taking the H-P job? You just said it was a major step up... it sounds like any career-minded person would have jumped at it!
a step down. because she failed at HP because she butt kissed her way into the job. then she crashed. and burned.
why do i say she fucked up HP? here's how. she loaded HP up in debt to become bigger than IBM. they bought Compac and Digital, among others. Later EDS but i don't think that was on her watch.
Digital (or DEC) was already part of Compaq when H-P bought it in 2002. In hindsight, everyone agrees Carly overpaid for Compaq, the merger was poorly executed, and it was bad strategy to bulk up in a market (desktop PCs) with thin profit margins on commodity-like products.
But hey, it's not like her successors did a lot better. H-P paid $14 billion for EDS in 2008 and subsequently wrote down $8 billion of its value. Then they acquired a UK software company called Autonomy for $11 billion in 2011 and charged off $9 billion a year later! Whoops! We look stupid!
At least H-P's current CEO Meg Whitman has been careful not to step on any landmines.
In tech land, destroying shareholder value is part of the game. In most cases, mergers are done using equity (not debt), so mistakes don't lead to spectacular bankruptcies, they just depress the stock price. In the annals of failed tech marriages, however, it will be hard for anyone to top the disastrous AOL-TimeWarner merger back in 2000!
who cares what her successors did better? all that means is they were better. including Mark Hurd. who got fired for banging a consultant. then landed the ceo job at oracle
the results? by revenue they are now larger than IBM. but IBM out earns HP on about 10 billion less revenue but most importantly, IBM is still the most influential tech company in the world.
Ok waco, I'm too lazy to check IBM versus HP financial statements so I'll take your word for it. But the tech industry has high-margin and low-margin segments. HP could be doing quite well in low-margin businesses and IBM could be doing poorly in high-margin sectors. You need to drill down and do more research before you jump to conclusions. And surely you don't mean it when you say IBM is the most influential tech company in the world! Do you work for IBM? Which stocks have performed better in the past decade – Apple, Google, or IBM?
IBM made twice as much operating income as HP last reporting year, who did better??? 2015 v 2014 .. close enough
curious that Raphael Teddybear Cruz would announce this the day after he got mathematically eliminated from being able to obtain the 1,237 delegates needed?
Teddo's dada was a math major. before he became a oddball preacher. maybe he shoulda called up dada and asked him what "mathematically eliminated" really means?
You forgot to insert the words “on the first ballot” after "mathematically eliminated".
the first ballot means everything if Trump has the delegates to win. 1,237. it's over. Trump WINS it!!!
Cruz is betting Trump won't get 1,237 delegates. as of today, he only needs to pick up 48% of the remaining available delegates to hit 1,237.
Yeah, I agree it looks pretty sewed up for Trump at this point.
ok? and your point is???
not a good bet, TeddyBear. unless .. Teddo thinks the "fix is in" and somehow even if Trump gets 1,237 before the convention, the RNC will fix it to take the nomination away.
if Trump gets 1,237 before the convention, he's the nominee. PERIOD. if the RNC cheats him, the Republican Party ceases to exist. everyone will know what Trump has been saying is true .. the "Establishment" decides who runs for President. your vote in primaries means dog shit. Probably in the real election too. Remember what Stalin said about "it's who counts the votes that matters .." and you better believe it.
There is no “fix”. Get real. If Trump wins on Ballot 1 he is the nominee. PERIOD. If he doesn't, all bets are off. That's the way the game is played. Curb your paranoia.
why do you disagree whit that??
the dems are no different here. they also "decide" who runs on the ticket.
unless you have hundreds of millions, or in Trump's case and Perot's before him, billions, you cannot fight the system.
Trump, win or lose, has exposed what politicians are today .. "bought and paid for" establishment cronies.
If Trump wins the nomination, he will probably need to spend $2 billion in the general. Do you really think he can or will pay everything out of his own pocket? His wealth is tied up in real estate. As much as you hate to admit it, he will need the RNC to open its coffers and shift its organizational apparatus into gear if he wants to beat Hillary in the Fall. So you will see Trump and the RNC “colluding” at the convention, if not well before then. When that happens, will you say Trump is also “bought and paid for” by “establishment cronies”?
.
I think Cruz is trying to pull a John McCain, lol. I suspect it will work out as good for Ted as it did for John.
Jim
Carly went to Stanford and MIT. Sarah Palin went to the University of Idaho. Carly is much smarter, knows how to avoid gaffes, and can handle the "gotcha" media far better than Sarah could. If Trump hadn't crudely insulted her for no good reason ("look at that face"), Carly might even have been his running mate and helped the GOP ticket immensely.
Carly went to Stanford and MIT. Sarah Palin went to the University of Idaho. Carly is much smarter, knows how to avoid gaffes, and can handle the "gotcha" media far better than Sarah could. If Trump hadn't crudely insulted her for no good reason ("look at that face"), Carly might even have been his running mate and helped the GOP ticket immensely.
Well I don't know who's smarter Sarah or Carly, it doesn't really matter anyway. My whole point was Cruz picks a women the same as McCain did to appeal to women voters and any other group that has the illusion women aren't getting a square deal. Especially in this election since Clinton will obviously get the Democratic nomination and she pitches women's rights and so forth.
Well I don't know who's smarter Sarah or Carly, it doesn't really matter anyway. My whole point was Cruz picks a women the same as McCain did to appeal to women voters and any other group that has the illusion women aren't getting a square deal. Especially in this election since Clinton will obviously get the Democratic nomination and she pitches women's rights and so forth.
Jim
I like them both (Carly and Sarah) but for different reasons. It does matter that Carly is smarter. The MSM and the Clinton machine would have a much harder time discrediting her than they did Sarah... Carly hates the Hildebeest and would rip her apart on the campaign trail, if given the opportunity. Carly worked her way up the corporate ladder while the Hildebeest was enabling and defending her sex predator husband and being a shill for the permanent political class in Washington.
I like them both (Carly and Sarah) but for different reasons. It does matter that Carly is smarter. The MSM and the Clinton machine would have a much harder time discrediting her than they did Sarah... Carly hates the Hildebeest and would rip her apart on the campaign trail, if given the opportunity. Carly worked her way up the corporate ladder while the Hildebeest was enabling and defending her sex predator husband and being a shill for the permanent political class in Washington.
I am all about destroying Clinton. I would vote anyone over Clinton. Everywhere Clinton goes bad things happen it seems.
Originally Posted by The_Waco_Kidwell it certainly won't pay her anywhere near the loot she got for fucking up HP, and she did fuck HP up. when she got the job at HP, she was a senior executive at Lucent, then a subsidiary of AT&T. and she was on the outs there, probably not "going to be fired" but she'd hit the ceiling, she was as high up the chain as she was going to get. so bailing to HP as CEO was certainly a step up, a major step actually.
Are you criticizing her for taking the H-P job? You just said it was a major step up... it sounds like any career-minded person would have jumped at it!
it was, given she's hit the glass ceiling with her stupid noggin. she bailed Lucent because she knew she was not going any higher up the corporate tree.
why do i say she fucked up HP? here's how. she loaded HP up in debt to become bigger than IBM. they bought Compac and Digital, among others. Later EDS but i don't think that was on her watch.
Digital (or DEC) was already part of Compaq when H-P bought it in 2002. In hindsight, everyone agrees Carly overpaid for Compaq, the merger was poorly executed, and it was bad strategy to bulk up in a market (desktop PCs) with thin profit margins on commodity-like products.
they way overpaid for compac. and they are still mired in debt because of it.
But hey, it's not like her successors did a lot better. H-P paid $14 billion for EDS in 2008 and subsequently wrote down $8 billion of its value. Then they acquired a UK software company called Autonomy for $11 billion in 2011 and charged off $9 billion a year later! Whoops! We look stupid!
At least H-P's current CEO Meg Whitman has been careful not to step on any major landmines.
In tech land, destroying shareholder value is almost part of the game. In most cases, mergers are done using equity (not debt), so mistakes don't lead to spectacular bankruptcies, they just depress the stock price. In the annals of failed tech marriages, however, it will be hard for anyone to top the disastrous AOL-TimeWarner merger back in 2000!
(In fairness, it should be noted the tech industry is very fast-changing, so CEOs face more pressure to buy up other companies for strategic reasons than in other industries. And there are a few success stories.)
the results? by revenue they are now larger than IBM. but IBM out earns HP on about 10 billion less revenue but most importantly, IBM is still the most influential tech company in the world.
Ok waco, I'm too lazy to check IBM versus HP financial statements so I'll take your word for it. But the tech industry has high-margin and low-margin segments. HP could be doing quite well in low-margin businesses and IBM could be doing poorly in high-margin sectors. You need to drill down and do more research before you jump to conclusions. And surely you jest when you say IBM is the most influential tech company in the world! Do you fucking work for IBM? Which stocks have performed better in the past decade – Apple, Google, or IBM?
i own 7k in google stock, 5k in Apple, and 5k in IBM .. not one dime in HP
curious that Raphael Teddybear Cruz would announce this the day after he got mathematically eliminated from being able to obtain the 1,237 delegates needed?
Teddo's dada was a math major. before he became a oddball preacher. maybe he shoulda called up dada and asked him what "mathematically eliminated" really means?
You forgot to insert the words “on the first ballot” after "mathematically eliminated".
Trump will go to the RNC convention in the "Mistake by the lake" with 1,237. done deal
Cruz is betting Trump won't get 1,237 delegates. as of today, he only needs to pick up 48% of the remaining available delegates to hit 1,237.
Yeah, I agree it looks pretty well sewed up for Trump at this point.
it is a done deal for Trump. if the RNC tries to cheat him, death to the RNC.
not a good bet, TeddyBear. unless .. Teddo thinks the "fix is in" and somehow even if Trump gets 1,237 before the convention, the RNC will fix it to take the nomination away.
if Trump gets 1,237 before the convention, he's the nominee. PERIOD. if the RNC cheats him, the Republican Party ceases to exist. everyone will know what Trump has been saying is true .. the "Establishment" decides who runs for President. your vote in primaries means dog shit. Probably in the real election too. Remember what Stalin said about "it's who counts the votes that matters .." and you better believe it.
There is no “fix”. Get real. If Trump wins on Ballot 1 he is the nominee. PERIOD. If he doesn't, all bets are off. That's the way the game is played. Curb your paranoia.
he should, or else it's a riot. and it should be.
the dems are no different here. they also "decide" who runs on the ticket.
unless you have hundreds of millions, or in Trump's case and Perot's before him, billions, you cannot fight the system.
Trump, win or lose, has exposed what politicians are today .. "bought and paid for" establishment cronies.
IMO, the writing is on the wall on who is likely going to win the rep. nomination.
Fiorina gets to tour with the Cruz camp and his campaign on their $. She is building her resume for a spot on Fox News or a book deal. I didn't a quick search on Da Net and found she is worth around 59 million. What do rich people like more than money? The spotlight.
I'm not Republican bashing, but give me a Kay Bailey Hutchison, John Cornyn, or anybody that has done SOMETHING while in office.
US$ 15.944 billion (2015)
