Re: Intel Itanium's very survival in doubt - inquirer article

From: Alan Winston - SSRL Admin Cmptg Mgr (winston_at_SSRL.SLAC.STANFORD.EDU)
Date: 06/29/04 

Date: Mon, 28 Jun 2004 23:23:36 GMT

In article <40E0A107.3050600@MMaz.com>, "Barry Treahy, Jr." <Treahy@MMaz.com> writes:
>>
>Please don't take this as me being anti-capitalist, because I'm
>certainly not, but I'm sure tired of our DoJ not prosecuting for the
>likes of Tyco, Enron, and god-forbid, a HP as you speculate... These
>CEO's, and other officers, that cash out with hundreds of millions of
>dollars from injured or dying companies while the vendors, customers,
>and share-holders take a bath is just wrong...
>

I agree this is just wrong. However, I'm unaware of any reason to think
that the HP case and the Tyco / Adelphia cases (senior executives simply
looting the company) or the Enron cases (manipulating markets, hiding debt)
are remotely comparable, or that anything actually illegal (as distinct from
possibly incompetent or terminally misguided) is happening with HP. And it's
hard to see why the DOJ should get involved if nothing illegal is happening.

-- Alan 

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