Hurd On The Street

This is the news from MarketWatch/Dow Jones: Hewlett-Packard Co. said Tuesday that embattled Chairwoman Patricia Dunn will retain her position until the company’s January 2007 board meeting, when she will be replaced by company Chief Executive Mark Hurd.

The timing is about right. We suspected that she would be axed around now, with Hurd consolidating power. Amazing how quickly this news shot to the front page of news weeklies and top-line television news shows. The story faded in the wake of 9/11 remembrances and now pops up again. As it will again and again.

Terrible PR imbroglio for the company, eh? Not really. The stock has risen fairly steadily – see MarketWatch charting for HPQ – since we first wrote about the H-P Boardroom Spy vs Spy drama on Friday, September 8.

The place for H-P boardroom news and other juicy insider news and commentary is the DealBreaker.com . Ever wonder what Ben Bernanke looked like when he wrote his hippie dictionary in 1968? Wonder no more. Check out DealBreaker. Mark Rose, New York

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