Compaq Message Board - Msg: 16765006

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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (94039)	12/8/2001 1:49:48 PM
From: Night Writer	Read Replies (1) of 97611

El, The history of this deal reflects both boards were informed and aware of the details from step one. At one point, a board stopped the process and then restarted the process. Hewlett is on the board of directors. So Hewlett supported the development and voted for the final deal. Shortly after that, he changed his mind and his vote. From a human prospective, I suspect something close to the following happened. The HP directors weren't sensitive to Hewlett's concerns during the development stages of this deal. They bull dozed his support and afterward someone got smart with him. Thinking back on it, Hewlett got angry. Now he is pulling the world down on top of those who were not sensitive and pushed him into the deal. If he wins the votes, those who ignored his concerns will leave. The replacements will know that Hewlett's concerns are important. NW

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