Wednesday, February 09, 2005
HPQ announced that Carly Fiorina is stepping down from the CEO position. I was never a fan of Carly and I for one welcome this. But this does not solve the deep structural problems that exist at HPQ. But I believe it does open the doors for HPQ to spin-out different segments of its business like it did with A. Except stock to trade up, maybe they can bring back Walter to run his dad's business? Now that would be a welcome change, but the BoD has too much pride to do something right like that.