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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (96848)	4/5/2002 4:04:42 PM
From: Elwood P. Dowd	Read Replies (1) of 97611

Friday April 5, 3:55 pm Eastern Time Walter Hewlett: Deutsche Support Of Deal 'Swung Vote' NEW YORK -(Dow Jones)- Dissident Hewlett-Packard Co . (HWP) board member Walter Hewlett said Deutsche Asset Management's last-minute decision to vote some of its 25 million shares in favor of the proposed merger of H-P and Compaq Computer (NYSE: CPQ - news) Corp. (CPQ) "apparently swung the vote" from defeating the combination. In court documents filed with the Delaware Chancery Court Friday, which will hear Hewlett's arguments aimed at derailing the merger of H-P and Compaq, Hewlett alleges that the Deutsche Bank AG (Other OTC: DTBKY - news) (DB) unit's vote was "based not on the merits of the proposed merger but on extraneous considerations (future business dealing with H-P) personal to Deutsche and unrelated to Deutsche's status as a stockholder."... The rest of this article is available for free to registered Yahoo! users.

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