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The choice of Leo Apotheker as new CEO of H-P by its Board of
Directors does not inspire any confidence and already there are a lot of lies in the air. a) Is well known within the Industry that the CEO of Oracle and friend of Apotheker , Ellison, wanted for a long time to bring down the price of H-P stock so that he could buy its assets and stock cheap, and many consider the "Hurd -Fischer" affair a total fabrication to that end. Of course these 2 will try even to dismiss they know each other, the fact is that Oracle wants H-P and cheap. b) while at SAP and before his resignation , Apotheker was found to slow releases of certain software products that later Oracle got to the markets first, and Apotheker and Ellison are very good friends, no matter what they say they share many interests ,partners and friends in their circles in Tel-Aviv ( at least one , Apotheker , is an honorary citizen of that Middle East Country ) c) is well known in the European Union that Apotheker is a member and big supporter of certain militant orthodox groups from the Middle East and he ( as well as Ellison and many others ) are special advisers to some members of the Intelligence , Military ,Finance and Government of that small Middle East country. d) Apotheker holds interests in various Venture Capital and Investments companies that could get special contracts and long term deals from H-P , deals that could be very bad financial decisions for the Stockholders,Retirees and Workers of H-P and a huge conflict of interest. e) the employees ( as well as retirees , bond and stockholders) from H- P will have to look very closely at these key assets and issues : 1) All cash, debt and reserves of H-P , so that well known Money Managers and Private Equity friends and partners of Apotheker do not get special deals and long term "adviser and management" contracts with huge fees and bonuses. 2) new products, software and hardware, do not get postponed so that Oracle or others can get them to market first, like many say was the case in SAP. 3) the vital new line of Palm and mobile software/hardware technologies do not end up creating income or royalties for the friends of Apotheker in the Middle East and others . 4) Patents and other assets do not get entangled with these special interests from the Middle East or some workers inside H-P that are from that group and with the same agenda , and which many say were the ones who pushed the most to have Apotheker nominated, a take-over from within. 5) Involve H-P in bringing into the Company or the USA workforce certain members of Apotheker's circle with the excuse that they are the only ones that can do certain jobs, Apotheker is going to try to bring into H-P his neocon team to slowly take over key positions and start controlling the company, and will the employees and stockholders inside H-P wait and watch the store ? with the Rule of Law ? f) as H-P holds key Military,Security,Intelligence and Law Enforcement Contracts in the USA , the CEO of the company should and must have a full security clearance from the Government, and in my opinion, the new appointed CEO of H-P is not fit to get them, but will Washington D.C. make an exception and break its own rules ? This appointment shows huge gaps in the future success of H-P and the country as a whole ,since H-P is a key company for the whole country, and now more so with new mobile solutions for the global markets ready to go in before the key 2010 Holiday season . This appointment shows in my opinion a lot of "questions and weaknesses " with the Board of Directors, as well as an insult to many top executives in the Company, and stockholders must make sure their interests are not being harmed. H-P Stockholders and employees must remember that the brand new SEC regulations let 3% of the stock, investors or groups of shareholders that have hold the stock for at least 3 years , to put candidates on proxy statements , nominate at least one director and as much as 25 % of the Board, etc., so since the most important thing is to make sure HP reaches its full potential right now with all its software and hardware components , there are many options and active choices to defend this vital USA asset, the key is to speak up before its too late. New HP CEO fails to rouse investors as shares slide http://www.reuters.com/article/idUST...technologyNews HP Names Former SAP CEO Léo Apotheker As New CEO/President; Ray Lane As Chairman http://techcrunch.com/2010/09/30/hp-ceo-apotheker/ What's With Leo? http://online.barrons.com/article/SB...lenews_barrons http://en.wikipedia.org/wiki/L%C3%A9o_Apotheker a very strange thing : since last week, they have deleted many facts about Apotheker from this page S.E.C. Is Sued Over Board Nomination Rule http://www.nytimes.com/2010/09/30/bu....html?_r=1&dbk |
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