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Originally Posted by tw
Carly Fiorina did same to promote the purchase of Compaq. She justified everything in terms of "HP and Compaq will be the biggest market in this business and second largest in that business". Does size (and the lie about 'economies of scale') mean stockholder value? Of course not. There was no product advantage to the HP merger with Compaq. All but the institutional investors (MBAs) understood that. Obvious because the deal provided no 'product'. Fiorina promoted a scam by selling something that provided no advantage to the HP product line nor provided HP customers with new or better products. Fiorina promoted the classic MBA scam using spread sheet spin. And that is also what the Amway, et al scheme is all about. Finance spin because there is no money to be earned on the product line.
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And with this, I would like to say to those who voted for the merger joke: DUH!
(Sorry, I was an hp employee at the time of the scam)