HPQ's Curly tries to stem leaks

Capellas' advice differs from that of Intel's Craig Barrett who said earlier this year that the answer to terrorists lay in a .357 Magnum rather than relying on technology - a more commonsense and dare we say more effective approach.

His chief information officer Bob Napier said that HP had gone to homes of every single one of its executives to monitor the kind of signals radiating from their homes, Bloomberg reported.

We wonder if Capellas and HP are really up to this kind of task.

Before the Compaq-HP merger, a tape between chief financial officer Bob Wayman and Deutsche Bank was leaked.

In fact, this has been a very leaky year indeed for Compaq/HP. HPQ leaks like a sieve - perhaps this is something do with the morale of the 10,000 workers or so expected to lose their jobs in the first tranche of cuts.

Capellas attempting to stem leaks is pretty reminiscent of Mickey Mouse in Fantasia, in his truly memorable role as the Sorceror's Apprentice.

Meanwhile, the San Jose Mercury News reports that the David and Lucile Packard Foundation is having to lay off up to half of its staff as its endowment, which consists largely of HP shares, has dropped from nearly $14 billion to $4 billion in the space of just a few months. µ

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