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Technology Stocks : Compaq

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To: Jerome who wrote (96103)3/14/2002 9:01:27 PM
From: Elwood P. Dowd  Read Replies (3) of 97611
 
Carly's latest internal propaganda
by: hp_field_guy 03/14/02 06:43 pm
Msg: 104999 of 105146

Do not read on a full stomack

A Message from Carly Fiorina
March 14, 2002

It's been about two years and eight months since I joined the HP
Board of Directors and became CEO of this company. From that
day forward, the board and I have been committed to one
overriding goal: to return this company to greatness, which we
define as achieving market leadership in the industries in which we
compete.

We knew that HP had been slipping into a downward spiral for
some time, away from the across-the-board market leadership this
company had enjoyed in the past. And we were determined to
reverse that trend, to return HP to a company capable of
transforming markets and transforming industries.

As our respected colleague Dick Hackborn said in a recent letter to
our shareowners, "The one thing I've learned in my 40-year
association with HP is that nobody is ever happy for very long
working in an organization that's not a market success."

Every action we have taken since -- including the proposed merger
with Compaq -- has been a carefully calculated effort to
reinvigorate HP, so we could return to our natural role as a leader,
not a follower; so we could fulfill our potential and take advantage
of the enormous opportunities in front of us.

The power of leverage

We have come so far in such a relatively short period of time. If
you had attended our most recent Security Analyst Meeting in New
York, you would have noticed an impressive difference from past
meetings. Each of our senior leaders who presented showed how
their individual business was enhanced by its linkages to HP's
other businesses -- and how much greater their business potential
could be when they leveraged the capabilities of their partners
inside the company.

Next Tuesday, March 19, is all about continuing the enormous
progress we have made in our drive toward market leadership. We
have already come a long way and our customers, our shareowners
and, indeed, many of you are recognizing the difference.

Fighting for our beliefs

With only a few days to go before this pivotal shareowner vote, I
simply wanted to tell you that I'm proud of you for standing by HP
during this unprecedented time, and for focusing on delivering
results. We still have a lot of work ahead of us. But we will
always fight for what we believe in; we will always fight for what
we know is right for this company.

As all of you know, nothing worth doing is ever easy. After seeing
first-hand the strength and resilience of HP people, I'm even more
convinced than ever that we can overcome any obstacles that come
our way. Thank you for your hard work, your passion and for all
your everyday actions which -- when added together -- show what
we can do as a unified company.

And if you ever experience the slightest bit of doubt about the
course we've chosen, just remember two things: Together, we can
do anything. Together, we can change the world.

Carly
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