Wednesday, May 08, 2002

Up until now this hadn't been a story that smelled all that bad. Clearly, the loan to Ebbers was questionable. Clearly, Worldcom has suffered through the downturn in telecom demand. Now, evidence of the cross-breeding that leads to some fairly odd-looking creatures may be showing! Warren Buffett has said, "you never know who's swimming naked until the tide goes out." Ebbers Invested With WorldCom Board Member Who Approved Loan. Bernard J. Ebbers, the ousted WorldCom chief executive, reportedly made a big personal investment in a company associated with the board member who approved his controversial $366 million loan. By Stephanie Kirchgaessner and Richard Waters, Ft.com. [New York Times: Business] 10:23:45 AM     Comments[]

How long will it take for everyone to realize that HP OWNS Compaq? No matter what is said or done in the short run, HP prevailed. As big as the Compaq name has been for close to 20 years, it's not likely to survive much longer. Hewlett-Packard and Compaq unveiled the newly merged company, outlining a sales plan for every product and naming sales teams. [Wall Street Journal] 7:23:23 AM     Comments[]

Demand - not debt - is the key! WorldCom Seeks Big Loan. WorldCom is expected to borrow $2.65 billion from its banks as part of negotiations to rework the terms of its financings. By Riva D. Atlas and Barnaby J. Feder. [New York Times: Technology] 7:18:24 AM     Comments[]

HP name will be much more prominent! Hewlett-Packard Announces New Leadership and Strategy. Seeking to project an image of decisiveness and synergy, Hewlett-Packard, freshly combined with Compaq, introduced its executive team and product strategy Tuesday. By John Markoff. [New York Times: Technology] 7:14:21 AM     Comments[]

Shooting BB guns at windows The judge in the Microsoft case signaled that she is considering a proposal that would require major changes in the Windows design. [Wall Street Journal] 6:56:31 AM     Comments[]

© Copyright 2002 Steve Pilgrim.