mark_hpq@yahoo.com wrote:
>
> Seen in "La Tribune" of October 3 2005 :
>
> Is HP still socially responsible ?
>
> Dominique Biedermann, general manager of Ethical fund Ethos :
>
> As long term investor, we analyze companies globally.
> Today, Hewlett-PAckard must justify these layoffs because
> they affect sites which mainly do profits.
> Where is the coherence of such a strategy ?
> Of course the IT market changes but this is not new :
> HP could have invested in new activities instead of
> killing so many jobs.
> How can one speak of responsible developpement seeing
> these conditions ?
> (...)
> I also think that a law should limit exercising stock
> options while work force reduction plans are active
> so that high managers keep their credibility by not
> taking profit of the raise of the stock.
>
> More info :
>
> http://cftchp.blogspot.com/
> http://hpwfr.blogspot.com/

Suffice it to say that for the most part these days, "socially
responsible" and "fiscally responsible" are virtual diametric opposites.

--
David J Dachtera
dba DJE Systems
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