TightWind is written by Kyle Baxter. Stay Hungry. Stay Foolish.

HP doesn’t know what to do with WebOS:

HP CEO Meg Whitman just told a room full of Palm and HP employees that the company doesn’t yet know what to do with webOS. “It’s really important to me to make the right decision, not the fast decision,” she told those gathered with her on the HP campus, adding that a decision would come in the next three to four weeks. This comes as a bit of a surprise, as reports recently swirled that the computer-maker has been in discussions to sell off the troubled mobile platform to the highest bidder. “If HP decides [to keep webOS], we’re going to do it in a very significant way over a multi-year period,” she said, adding that “it’s a very expensive proposition, but HP can make that bet.”

John Gruber points out that this is really, really dumb, because the people behind WebOS are jumping ship, and you lose more every day you dither. The talent that came with the Palm acquisition is more important than the technology itself.

Sad. HP could have done something really terrific with WebOS, but there’s little chance of that now.