HWP -- Hewlett Packard Message Board

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Technology Stocks : HWP -- Hewlett Packard

HPQ 24.73

-2.2%

3:59 PM EST

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To: Jerome who wrote (4455)	3/28/2002 12:37:02 PM
From: Dave B	Read Replies (1) of 4722

Jerome, Today HWP was recovering nicely and then Wally announced his decision to piss away more of his unearned income to protest the merger and HWP stock price tanks immediately. I've never met someone who can spin so well <G>. Actually, at 10:09 when the news hit the wire, the stock price immediately jumped $.50 (~3%) from $17.80 to $18.30. It has since settled back to where it was before the announcement. There has been no negative effect from the announcement. Here's the chart (read it quickly -- it'll only be good for today): finance.yahoo.com p.s. If you look at the chart for the last couple of days and today's chart before 10:09, there is no "recovering nicely" going on in HWP. Just check out the last week -- siliconinvestor.com -- you have to love that 3/19 "we really love the merger idea" price decline. If he stopped his protests...a recovery (in share price)would be likely. Given the reactions of the stock on the day the merger was announced as well as the day Hewlett announced his opposition, and it's non-recovery since 3/19, do you really believe that? LOL! Being a "team player" seems to be important to you. I'd rather think for myself, however, and am glad that WH has taken this battle on. I wish a lot more people would speak up when they see a bad idea taking root. We need more critical thinkers in this world, not more sheep. Dave

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