Linked by Terry Shannon on Mon 7th Mar 2005 07:48 UTC
Editorial With HP's high-flying CEO Carly Fiorina departing, the company's woes are well known. But how did a firm with such a storied history and vast assets get headed down the wrong path, and what do they need to do to set their course straight?
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The answer is easy...
by ASHLB on Mon 7th Mar 2005 09:58 UTC

IMHO,
They went wrong when they bought Compaq who went wrong when the bought Digital.
There was so much overlap in the HP & Compaq business as well as Compaq not really knowing what to do with most of DEC as well as Tandem etc.
Another IMHO, HP & DEC would have been a better fit as they were more Engineering led companies while Compaq was a pretty competant White Goods maker.(commodity PC's etc)

The overall result if this menagerie was that HP top brass got distracted trying to keep Wall St happy and let key/core parts of their business go down the pan. The Itanic disaster did not help either. How much did they pour into Intel's coffers over the last 10 years?
IANAL/IANAFA etc.

Disclaimer...
I was at DEC for 19 years and 1 year with the merged DEC/Compaq. I got out when I saw the writing on the wall that was coming out of the Texas bean counters.
end disclaimer