Tuesday, August 10, 2010

Hurd it on the Streets: Mark to Oracle?


Seems Mark's friends are coming to his defense.

Larry Ellison, CEO at Oracle, fired off a communique that may reflect the feelings of most observers - HP's board is full of a bunch of idiots.

They reportedly relied on counsel from a PUBLIC RELATIONS FIRM when deciding to fire Mr. Hurd.

I've said it before, HP is great at making really cool things, but marketing, not so much.

A quote from Ellison,

"...The H-P Board just made the worst personnel decision since the idiots on the Apple board fired Steve Jobs many years ago. That decision nearly destroyed Apple and would have if Steve hadn’t come back and saved them. H-P had a long list of failed CEOs until they hired Mark who has spent the last five years doing a brilliant job reviving H-P to its former greatness..."

Agreed.

If there are any doubts, Ellison crystallizes with this,

"...Publishing known false sexual harassment claims is not good corporate governance; its cowardly corporate political correctness. Those six directors caused H-P to lose a nearly irreplaceable CEO. Those six directors who voted against Mark can try hard to hide behind a claim of “good corporate governance” but their decision has already cost H-P shareholders over $10 billion … and my guess it’s going to cost them a lot more..."

WOW.

Go here.

And get this. There are rumors out there that Oracle could actually be assimilated by Oracle.

Go here.
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