These days, Edwardson may well wish that he was back as president of United Airlines battling pilot unions and big losses. At least in the airline industry a beaten up balance sheet is considered status quo. Not so in the technology business. If Hurd is on the way up, it sure looks from here like Edwardson and CDW's valuations are on the way down.
After successfully selling CDW to private equity investment kingpin Madison Dearborn for $7.3 billion in a deal that now looks like highway robbery, Edwardson is now faced with the unenviable task of delivering results that warrant that enormous price tag in an economy where point product sales have hit the wall. [read more]