HP Got a new boss

[temi]

Mr Hurd is well thought of in the computer industry
Hewlett-Packard has appointed Mark Hurd as its new chief executive, the computer giant has confirmed.
Mr Hurd, currently head of smaller US computer services group NCR, will replace Carly Fiorina, who was ousted from HP in February.

HP's shares closed up 8.1% in Tuesday trading in New York, following initial speculation of Mr Hurd's appointment.

Mr Hurd, 48, is credited with turning around the fortunes of NCR since he took over the top job in March 2003.

source/full story: news.bbc.co.uk/1/hi/business/4392203.stm
Ms Fiorina, one of the most powerful businesswomen in the US, left HP after a dispute with the company's board over future strategy.

 

[termitt]

I certainly hope he can make the stock go up. I bought it last year and I'm in the red. Tough luck

 

[temi]

Welcome to UK WW termitt,
I don't have share in HP but I have a feeling you cannot go wrong with stock in computer related company for the next few years to come. Provided you buy at the right time of course.