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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: MikeyT who wrote (79408)	3/13/2000 8:26:00 AM
From: MikeyT	Read Replies (1) \| Respond to of 97611

Intel and Dell upgraded. Intel target of $150 is expected to be reach by mid year instead of year end. Dell target raise to $70. Now we know why all the big boys were buying Friday. PC sales must be blooming. Spring is around the corner! Go piggy go!

To: MikeyT who wrote (79408)	3/13/2000 10:08:00 AM
From: Night Writer	Read Replies (2) \| Respond to of 97611

There were large block trades Friday until the afternoon. I can't confirm that specific list. There are block buys happening this morning despite the general market being down. NW (DOW JONES) DJN: =DJ Compaq CEO Capellas Earned $6.9M In 1999 >CPQ DJN: =DJ Compaq CEO Capellas Earned $6.9M In 1999 >CPQ By Gary McWilliams HOUSTON(Dow Jones)-Compaq Computer Corp. (CPQ) Chief Executive Michael D. Capellas earned $6.9 million last year, his first year at the helm of the troubled computer maker. Mr. Capellas, who was named CEO last July after the board sacked former CEO Eckhard Pfeiffer, was paid a $1 million cash bonus on top of his $850,000 salary. Mr. Capellas also received a $5 million loan to purchase Compaq shares. Mr. Capellas joined the firm in 1998 as a senior vice president and chief information officer. He also received options for 1.8 million shares at prices from $22.69 to $25.13 that vest through 2009. The company estimated the potential gains on the options at between $28 million and $70 million. According to a proxy filing, directors paid the bonus for performance on "operational and financial results, strategic planning, and leadership." The board also he restored investors' confidence and developed and implemented "effective strategies and organizational alignment." Still, the highest paid executive at the company last year was Mr. Pfeiffer, whose salary, severance pay and bonus reached $10.8 million despite his April departure. Enrico Pesatori, the head of the company's big computer and storage unit, was the second highest paid executive remaining at the firm. He received $1.3 million in salary and bonus. He also receive options for 325,000 shares that can be exercised through 2009. The company estimated potential gains on the shares at between $5 million and $13 million. Consumer PC unit head Michael J. Larson received salary and bonus of $848,000 plus options for 625,000 shares that can be exercised through 2009. Potential gains of the shares were estimated at between $12 million and $31.6 million. The option award was the largest to the three operating unit executives last year. Commercial PC head Michael J. Winkler was paid $895,000 in salary and bonus, and received options for 325,000 shares that can be exercised through 2009. Gains on the shares were valued at between $5 million and $13 million. Compaq earned $569 million on revenue of $38.53 billion last year. Its shares declined 35% compared to the 53% increase in the Dow Jones Computer Index. (END) DOW JONES NEWS 03-12-00 10:57 PM * end of story *