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Technology Stocks : Compaq

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To: Elwood P. Dowd who wrote (97406)4/26/2002 8:37:18 PM
From: Elwood P. Dowd   of 97611
 
H-P Board Slate Approved; 1st Time Founding Families Not Represented

Dow Jones Newswires

CUPERTINO, Calif. -- Hewlett-Packard Co . (HWP) shareholders approved a slate of new board members that for the first time since the company's founding in 1938 excludes a member of its founding families.

The board last month decided not renominate dissident member Walter Hewlett, son of co -founder William Hewlett, who led a six-month campaign against H-P's planned $19 billion acquisition of Compaq Computer (NYSE: CPQ - news) Corp. (CPQ). Shareholders approved the decision by a wide margin at an annual meeting, with 1.4 billion shares cast for the slate and 185 million abstaining....

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