This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

HP's Meg Whitman Setting New Lows in CEO Incompetence

Stocks in this article: HPQ AAPL ORCL FB RIMM

NEW YORK ( TheStreet) -- As I watched the presidential debate, I had several recurring thoughts. Each one produced some mix of internal conflict, concern, sadness and anger.

I wish Bill Clinton was on stage.

American politics died before I was born circa 1968, Robert F. Kennedy, Wilshire Boulevard, Los Angeles.

I wish I was Canadian.

One that made me feel like a bad person or, at the very least, a bit too dark, in a Louie C. K. sort of way: Did Obama experience a mini-stroke before the debate?

And, the most important one of all, " These are the two people we have to choose from?"

It reminded me of my reaction during periods of time as a professional sports fan. I recall years, particularly in football, baseball and hockey, where teams recycled the same old names for head coaching vacancies.

There should be a rule in pro sports. Once you leave coaching and enter the broadcast booth for more than a one-off appearance, you should never be able to return to the game as a player or head coach.

That would save us from disasters such as Marty Schottenheimer.

In technology, once you leave a CEO post and enter the political arena as a candidate for something bigger than the school board, you should be prohibited from returning to tech -- or any other space for that matter -- in any leadership capacity.

That would have saved us from Meg Whitman.

On one hand, you have to respect the Hewlett-Packard (HPQ) CEO.

She's willing to put herself out there and take serious heat. You lose any sense of admiration, however, when you see the way she makes what amounts to a non-case.

On Thursday morning, David Faber, Melissa Lee and Jim Cramer did everything they could to get Whitman to answer the tough questions on CNBC.

She came off more robotic than Obama. Like more of a politician than Romney. And, even though I didn't think it was possible, less inspiring than the two candidates combined.

The performance was beyond abysmal. Other than saying what amounts to trust us, she offered absolutely no reason why anybody in his or her right mind should buy HPQ stock.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs