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Technology Stocks : HWP -- Hewlett Packard
HPQ 25.94-4.0%Nov 4 3:59 PM EST

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To: Dave B who wrote (4630)4/30/2002 6:08:41 PM
From: Dave B  Read Replies (1) of 4722
 
William R. Hewlett Revocable Trust Comments on Decision By Delaware Chancery Court

PALO ALTO, Calif., Apr 30, 2002 /PRNewswire via COMTEX/ -- Walter B. Hewlett, on behalf of The William R. Hewlett Revocable Trust and its trustees, issued the following statement in response to today's ruling by the Delaware Chancery Court regarding Hewlett-Packard Company's (NYSE: HWP) acquisition of Compaq Computer Corporation (NYSE: CPQ):

While we are disappointed with the Court's decision, we are grateful that it heard this case on such an expedited timeframe. We will now review the Court's written opinion and decide on a course of action. Regardless of our decision, my involvement with HP will not end today. As Chairman of The William and Flora Hewlett Foundation and as a trustee of The William R. Hewlett Revocable Trust, I represent two major stockholders and I will continue to monitor the company's performance to ensure that it acts in the best interests of all stockholders.

SOURCE The William R. Hewlett Revocable Trust

CONTACT: Media - Joele Frank or Todd Glass of Joele Frank, Wilkinson Brimmer Katcher, +1-212-355-4449, for The William R. Hewlett Revocable Trust (HWP CPQ) prnewswire.com

Copyright (C) 2002 PR Newswire. All rights reserved.
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