Comments on: Former Autonomy execs reject HP’s fraud charges

By: Ram

Ram — Wed, 21 Nov 2012 06:34:54 +0000

It’s sad to see this state of affairs at HPQ – just kills the history of this valley icon. To think that even Jobs envied this company at one time. The very least that the board should do at this time is to pledge on a 3 yr freeze on any acquisition – their track record on acquisitions from the compaq days is pathetic. Today was the first time that nasdaq recorded a 6 times normal volume on hpq and guess the low single digits are not too far off. This story is as bad or worse than Apple in its near- death yrs. but then apple found jobs- who will hp find to right this ship

By: Barb Darrow

Barb Darrow — Tue, 20 Nov 2012 23:34:44 +0000

this may be my favorite comment on this whole mess. Spidey sense indeed.

By: Mcbeese

Mcbeese — Tue, 20 Nov 2012 23:25:23 +0000

Without knowing any of the details, my emotional reaction based on observing HP over the past years is that the only fraud going on are the claims by the HP BoD and Management team that they are competent.

On the other hand, whenever I hear that Deloitte was the auditor, my Spidey-sense starts tingling.

By: Stewart Schaffer

Stewart Schaffer — Tue, 20 Nov 2012 23:18:12 +0000

+VeriFone +EDS and they never keep the producers of any company acquired. Or, I should say does seem no producer wants to work for HP after being acquired. Just get paid, and stockholders hold the gift of purchase.

By: Roberto Valerio

Roberto Valerio — Tue, 20 Nov 2012 23:02:48 +0000

I guess a good technical due diligence would have been enough to cancel the Autonomy deal. I worked for a company offering similar products in 2000. AndI did not see some “magical” software @ Autonomy. They got some corporates in believing magic. Then they got one to buy them. Great sales job.

By: justinbenson

justinbenson — Tue, 20 Nov 2012 22:14:43 +0000

Reminds me of Lance Armstrong pointing to the fact that he didn’t fail any third party administered tests as proof he didn’t dope.

By: Danox

Danox — Tue, 20 Nov 2012 22:13:28 +0000

25 billion (Compaq) + 11.1 billion (Autonomy) + (Palm), if only HP could do it over, somewhere in all that money could have been a OS designed from the ground up?

By: Barb Darrow

Barb Darrow — Tue, 20 Nov 2012 19:11:21 +0000

you guys are so fast! i was in there fixing– i have a recurring issue w/ successor/predecessor. thanks for pinging!

By: sumanrs

sumanrs — Tue, 20 Nov 2012 19:05:38 +0000

Glad I wasn’t the only one to notice – looks like they fixed it pretty quickly. :)

By: Scott

Scott — Tue, 20 Nov 2012 18:57:57 +0000

I think you mean predecessor?