Carly Exits HP

WATERS NEWS EDITOR'S LETTER

Last week brought either good news or bad news for Hewlett-Packard, depending on your opinion of ousted CEO Carly Fiorina. Either you liked her openness and style or you saw her as having too much charisma and not enough business acumen. Her move to buy Compaq was bold but it might have been what ultimately weakened the once mighty technology innovator.

It's been more than a year since the acquisition of Compaq and the dust still has not settled. As an editor, you can gauge a firm's health and

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