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Technology Stocks : Compaq
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To: The Duke of URL© who wrote (96275)3/19/2002 10:57:18 AM
From: Jerome  Read Replies (2) of 97611
 
>>>, basically if there are 10 seats on the board, someone controlling 10.1% can elcet one board member, no matter how anyone else votes. <<<

When the merger is completed the HP families will own only 1/2 the percentage of seats they now own. After the merger it will not make much difference. Wally will be on ignore by the other board members, if he goes to the meetings.
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