COX Newspapers Washington Bureau

Home > Plugged In > Archives > 2007 > November > 13

Tuesday, November 13, 2007

Save on gas; tour those colleges virtually

Gas prices are up. Time is running out. Here’s a chance to check out more than 100 major colleges at one time. For free.

For the next two days (Tuesday and Wednesday) from 3 to 11 p.m. EST, you can have video chat with admissions officers at schools from across the country. Everything is at www.collegeweeklive.com.

There’s student panel discussions about their schools, virtual booths for colleges, real-time IMing, and networking with service providers.

The universities range from the smallest liberal-arts schools like the College of Charleston to the mega-universities such as the University of North Carolina at Chapel Hill.

Though Florida’s major state universities aren’t on the list, Palm Beach Atlantic University in West Palm Beach is.

So save your parents some gas, and take a look at some of these colleges before making that road trip to tour schools.

Permalink | |

HP Chief: More consolidation coming in tech industry

SAN FRANCISCO - Hewlett-Packard Co. CEO Mark Hurd isn’t saying who he thinks is buying or selling, but he says he thinks the technology industry is headed for more consolidation.

“In the end, math wins,” Hurd told attendees at the Oracle Open World tech conference here on Monday. Earlier in the same day, IBM Corp., one of HP’s biggest competitors, announced its biggest acquisition ever: A $4.9 billion takeover of software maker Cognos Inc.hurd-2-72.jpg

Here’s how Hurd’s math works. There’s only a “handful” of tech companies that together have more than $100 billion in cash, he says. Together those companies have to do something with that cash.

The three basic options, he says, are simple: Give it to shareholders in the form of dividends, use it to buy back shares, or lastly, use it to buy other companies. (Never mind using it to beef up R&D, give employees big raises or donate it for good causes, I guess).

The real question, Hurd went on to say, is “how fast will consolidation occur.” If the right companies combine, it could happen quickly. Even if they don’t, he predicted, “it’ll move at a pretty reasonable pace.”

One thing’s that’s almost a sure bet: Hurd will be getting a few phone calls from intersted sellers after his talk.

Permalink | |