14bn$ spent and 1 bn additional revenue to show for next 4 quarters and still a weak guidance for FY26. What a masterstroke by Teri to cover up his incompetence.Now watch Rami dancing around for next 3 years as he takes down HPE along with his henchmen.
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@OP HPE and HPQ management was ALWAYS incompetent bunch right from the time when the original HP bought Compaq with Carly Fiorina being the CEO. They spun off HP into HPQ and HPE, but still the incompetence remained.
@b4 Yes, CANCEL the merger!!!
Time for another junket to Davos 🤣
@b7 I was laid-off in December; three weeks later I read about Antonio's $4 million raise. Glad I could contribute.
@OP Don't forget the $1B in cost cutting that Antonio is planning... Half of those are coming from WFR's.. If you lay everyone off, more profit for Antonio and his cronies.
Let's not forget there is more action outside the DOJ and the merger isn't a done deal on paper. A bunch of states have also filed motions to intervene seeking to participate directly in the lawsuit. The states are asking to halt any further integration steps while the legal process plays out.
The states are wanting access to internal documents and more robust discovery and the intervention would allow them to present arguments, evidence, and to cross-examine, not just file an amicus brief.
The market also knows this and is acting accordingly.
Wolf in sheep's disguise. Blatant lies by HPE management and clear market manipulation for an year.