Jeff Matthews Is Not Making This Up

Hurd by Numbers

2010/08/23
By Jeff Matthews
Hurd by Numbers

Now that the Mark Hurd Affair has devolved into a tit-for-tat post-mortem between the HP Board and unnamed proxies for Hurd—reaching its Clintonesque nadir last week when the Wall Street Journal actually reported that Hurd himself had let it be known...
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My Dog Charles, “Executing His Yadda-Yadda”

2010/08/16
By Jeff Matthews
My Dog Charles, “Executing His Yadda-Yadda”

One thing I found surprising this week was learning that to many H.P. observers Ms. Fiorina no longer seemed quite so bad. It was actually her strategic vision that Mr. Hurd had executed, I heard again and again . Her problem was that ...
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The Hurd Instinct: One Fiction Leads to Another

2010/08/07
By Jeff Matthews
The Hurd Instinct: One Fiction Leads to Another

“HP had momentum…” —Talking Head, CNBC, August 5, 2010So it was that one of the many talking heads competing for air time with the hosts of CNBC last night summed up his thoughts—so-called—as to why the removal of Hewlett Packard CEO and...
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“Buffett’s Possible Successor”? It Ain’t Over Til It’s Over

2010/08/03
By Jeff Matthews
“Buffett’s Possible Successor”?  It Ain’t Over Til It’s Over

Seems like just last week the Wall Street Journal was trumpeting a successor to Warren Buffett in his role as chief investment officer (“capital allocator,” is how Buffett puts it) at Berkshire Hathaway.And indeed it was just last week—Friday, in...
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“I’m Not Dead Yet”: Name This Company!

2010/07/28
By Jeff Matthews
“I’m Not Dead Yet”: Name This Company!

It’s earnings season on Wall Street, and that means plenty of conference calls for we here at NotMakingThisUp.And while plenty of calls have focused on the fact that business seems to be 'not dead yet'—despite the stock market’s recent attempt to...
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The Least Helpful Call You Will Get All Month

2010/07/23
By Jeff Matthews
The Least Helpful Call You Will Get All Month

When identifying which particularly silly opinion offered by one of Wall Street’s Finest that might qualify as the “Least Helpful Call You Will Get,” we here at NotMakingThisUp usually confine the timeframe to the current 24-hour day.After all, W...
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IBM’s New Math: 6.5 is Greater Than 8

2010/07/20
By Jeff Matthews
IBM’s New Math: 6.5 is Greater Than 8

“Let's get back. On the signings basis, as we analyzed it, we had on -- in the GBS business we had good revenue growth. We had positive signings performance. So then when you look at Global Technology Services the issue that we wrestled with was real...
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14 Days of Profit

2010/07/16
By Jeff Matthews
14 Days of Profit

Yet Goldman walked away with several victories that raise questions about the strength of the SEC's case. The company wasn't forced to sacrifice any top executives, including Chief Executive Lloyd C. Blankfein, as some executives had feared. The ch...
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Listening to RIMM Lose Market Share

2010/07/08
By Jeff Matthews
Listening to RIMM Lose Market Share

We were in our local Verizon “store” yesterday—and by “store” we mean “place where dreamy customers move like driftwood among bright, bold Microsoft displays of soon-to-be-obsolete-attempts-to-cram-Windows-software-into-something-Apple-did...
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China’s Next Great Leap Forward: Inflation

2010/06/30
By Jeff Matthews
China’s Next Great Leap Forward: Inflation

Yuan Takes Baby Steps HigherChina Looks to Balance Pressure From G20 Against the Worries of Its ExportersBEIJING—A week after China loosened its grip on the yuan, the currency is up just 0.53%, a barely visible gain that lived up to the government’...
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