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Technology Stocks : Hewlett-Packard (HPQ)
HPQ 24.66+0.6%1:34 PM EST

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To: Charles Tutt who wrote (2131)11/11/2002 3:57:06 PM
From: BelowTheCrowd  Read Replies (1) of 4345
 
Apparently, MC's employment contract has a nice fat "change of control" clause in it. He has a limited amount of time in which he case choose to take advantage of the payout. CNBC saying that leaving right now and taking the buyout gains him about $14m in bonuses and early vesting of options. By their reckoning, it might make good financial sense for him to leave even if the WCOM job wasn't there.
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