Posted January 15, 2013 by David H in Technology

Will Meg Whitman come to the rescue of Hewlett-Packard (NYSE:HPQ)- ORCL & CSCO

Come hell or high water Meg Whitman is up for the formidable challenge to rescue her company from a death in disgrace after repeated failures at modifying its business model but she says it will take time. Hewlett-Packard (NYSE: HPQ) has been juggling with abrupt strategic moves to regain control of a larger market share and boost its financial strength for a few years now.

The disreputable resignation of Mark Hurd triggered a saga of financial glitches for the once PC market leader. HP had lost its innovation-edge by the time legendary cost-cutter was done with his downsizing and retrenching at all the wrong spots.

In an interview, CEO Meg Whitman said rebuilding her company to the stature of arch-rivals International business Machines (NASDAQ:IBM). A task which she confessed would take her no less than five years.

Whitman’s most respectful retreat amid mobile-computing Tsunami, would be to seek a merger with Cisco Systems Inc. (NASDAQ:CSCO) or Oracle Corporation (NASDAQ:ORCL) both of which seek to elongate their lifecycle through rejuvenated product lines and Megs mixed-line up could add a great deal of value to any of these. In the long run the company seeks to grow on its profitable enterprise business division while divesting from its consumer business altogether.

Swallowing her pride could be a bigger challenge since her company’s stocks have surged 40% since early November and apparently the turnaround is working just fine.

Oracle Corporation (NASDAQ:ORCL) shares were up by 0.29% to $34.96. Cisco Systems Inc. (NASDAQ:CSCO) shares were up 2.39% to $20.97. Hewlett-Packard (NYSE: HPQ) were up by 4.89% to $16.95.

David H

David H. Steinberg grew up in West Hartford, Connecticut, entered Yale at age 16, and earned his law degree from Duke University, where he served as editor-in-chief of the law review. After four years of entertainment law in Atlanta and New York, he abandoned his legal career to attend U.S.C.’s Peter Stark Producing Program. Steinberg broke out as a writer in 1999 with his teen comedy SLACKERS that ignited a bidding war for the script. The movie starred Devon Sawa, Jason Schwartzman, and model Jaime King and became an instant cult classic.