kallend 2,230 #1 November 4, 2009 Former Lucent and HP exec Carly Fiorina for GOP Senate candidate. www.reuters.com/article/politicsNews/idUSTRE5A33YI20091104 Lucent became a laughing stock (pun intended) after its dubious accounting practices were revealed. When Fiorina became CEO of HP in July, 1999, HP's stock price was $52 per share, and when she left 5 years later in February, 2005, it was $21 per share—a loss of over 60% of the stock's value. (For comparison, Dell's stock price increased from $37 to $40 per share over the same period). In 2008, Infoworld grouped her with a list of products and ideas as flops, declaring her to be the "anti-Steve Jobs" as a destroyer of the goodwill of American engineers and as one who alienated existing customers. In April 2009, Condé Nast Portfolio listed Fiorina as one of the "The 20 Worst American CEOs of all time."... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
Dewhast 0 #2 November 4, 2009 I believe there was 2 for 1 stock split in 2000. The numbers are still really bad but saying there was a loss of 60% isn't really the truth. Quote Share this post Link to post Share on other sites
ryoder 1,590 #3 November 4, 2009 QuoteI believe there was 2 for 1 stock split in 2000. The numbers are still really bad but saying there was a loss of 60% isn't really the truth. The numbers Kallend is providing already are already corrected for splits."There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones. Quote Share this post Link to post Share on other sites
kelpdiver 2 #4 November 4, 2009 Silicon Valley is generally negative on her tenure at HP, but that's not nearly so damning as you'd hope for a senate bid. Barbara Boxer has basically been a waste of a Senator since 1992 so a Republican woman with CEO experience has a decent shot. I'd still wager against, but if she got the nomination she'd still be a better opponent than the others Boxer has beaten (right wing talk show host, and Chinese male, can't recall the last one). Hard part for her will be getting the nomination. Her contenders will tear into her. Quote Share this post Link to post Share on other sites
Dewhast 0 #5 November 4, 2009 Sorry about that. I didn't realize that Google finance adjusted for splits. I will be the first to admit that econ was never my thing. That being said, it still looks like the numbers for Dell were a little bit cherry-picked. http://www.google.com/finance?q=dell Every tech company saw a huge losses when the tech bubble burst around 2000. Dell seems like they were almost out of the hole by 2005. HP didn't really come close. Maybe if it had been "Dude you're getting a HP" Quote Share this post Link to post Share on other sites
kelpdiver 2 #6 November 4, 2009 Quote Sorry about that. I didn't realize that Google finance adjusted for splits. I will be the first to admit that econ was never my thing. That being said, it still looks like the numbers for Dell were a little bit cherry-picked. http://www.google.com/finance?q=dell Every tech company saw a huge losses when the tech bubble burst around 2000. Dell seems like they were almost out of the hole by 2005. HP didn't really come close. Maybe if it had been "Dude you're getting a HP" Well, in particular her big move was to acquire Compaq, a massive merger that certainly didn't pay off in the short term, and maybe still not. But it definitely affected stock price while she was there. It is fair to compare to Dell, the other big PC company still standing. But Dell has a very different business model than HP/Compaq/Digital. Quote Share this post Link to post Share on other sites
chuckakers 426 #7 November 4, 2009 Fiorina is milktoast. Bet she can't even field-strip a moose. Chuck Akers D-10855 Houston, TX Quote Share this post Link to post Share on other sites
