Monday, June 2, 2008

We’re kicking ass

We’re kicking ass Let’s turn to this week’s deal for Hewlett-Packard to buy Electronic Data Systems for more than $12 billion in cash. I’m not here to say this is the worst idea in the history of bad ideas, but I wouldn’t do it. The goal here seems to be size for the sake of size, because it sure isn’t size for the sake of profitability. This is a business segment, remember, that IBM has been carefully and quietly leaving for more than a year now only to have HP jump in with both feet by