Saturday, August 7, 2010

At the same time Hurd has improved HP’s operating efficiency and execution as well as its financial performance and customer focus The result has been increasing growth and profitability greater value for shareholders and customers and a stronger competitive position in global IT markets.


Mark was an important part of this story operationally over the last several years and a big part of where HP was going said Aaron Rakers an analyst at Stifel Nicolaus Co in St Louis He recommends buying the stock.


Asked about the timing of that statement Lesjak said on a conference call with reporters said it was important for people to fully appreciate the announcement today has nothing to do with the operational performance of the company She added that the resignation was all about Mark's behavior and judgment.

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