HP Responds Miserably To Dell Going Private

Did you hear that Dell is going private? HP sure did! And the Palo Alto company would like you to know that it has serious thoughts about the whole thing.

"Dell has a very tough road ahead. The company faces an extended period of uncertainty and transition that will not be good for its customers. And with a significant debt load, Dell's ability to invest in new products and services will be extremely limited. Leveraged buyouts tend to leave existing customers and innovation at the curb. We believe Dell's customers will now be eager to explore alternatives, and HP plans to take full advantage of that opportunity."

OK, got it! A company thinks its major competitor is doomed. Good to hear. That is helpful. Then again, if there's one thing HP knows, it's how major transactions of any stripe can go horribly, incalculably wrong. [HP]

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