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

To: Elwood P. Dowd who wrote (80281)	3/26/2000 11:39:00 AM
From: Terror	Read Replies (1) \| Respond to of 97611

What will Monday bring for CPQ...I hope to see them make the quarter...if not alot of money will run for the doors. I have held for many years before DEC deal and believe someday it will turn just as Apple and IBM did. Patience. Terror

To: Elwood P. Dowd who wrote (80281)	3/26/2000 12:08:00 PM
From: PCSS	Read Replies (1) \| Respond to of 97611

On Friday night I watched Nightly Business Report on PBS and David A????i of A???i Capital Asset Fund was on. In going over his previous picks CPQ was among them and the interviewer as David A???i whether he still liked CPQ. David's response was: 1) He's luke warm now about CPQ, 2) Would immediately sell if CPQ missed its qtrly #s, and 3) If CPQ would meet its #s and got above $37.5 then $56 would be easy. Michael (sorry I forgot A???i)

To: Elwood P. Dowd who wrote (80281)	3/26/2000 12:23:00 PM
From: MikeyT	Respond to of 97611

Does everyone know this... from Yahoo. CPQ'S----company performance ....TIMING by: bob_bob_78611 3/26/00 10:33 am Msg: 149358 of 149369 Compaq's executive perks predicated on performance Compaq's recently-released proxy statement reveals that company performance and shareholder value rank high in the firm's executive compensation scheme. According to the proxy, CEO Michael Capellas last year received a salary of $850K and a bonus of $1M. He also received 200K shares of Compaq restricted stock awards worth $5M, and 1.8M stock options. The stock options, which expire throughout 2009, could be worth as much as $70M if Compaq's share value rises 10 per cent in each year. The restricted stock awards vest on Capellas' fifth anniversary as CEO, but will vest earlier if Compaq's stock climbs out of the cellar. 50K shares will vest as soon as Compaq's stock trades at $35 per share for 30 consecutive trading days; another 50K will vest if the stock trades at $40 for a month; and the final 100K will vest if the stock trades at $50 per share for at least a month. Capellas' assumption of the CEO title dramatically improved his financial fortunes. In his role as CIO, Capellas in 1998 received a salary of $400K, a $200K bonus, and 200K stock options. Ousted CEO Eckhard Pfeiffer in 1998 received a salary of $1.5M, a bonus of $3M, and 875K stock options. During his four month tenure as CEO during 1999, Pfeiffer received $1M in salary plus a $6.4M separation payment and $3.4 long-term bonus. At age 65, Eck will be eligible for a $560K annual pension. Taken in conjunction with the erstwhile CEO's 13.4M exercisable stock options, it's obvious that Eck will be able to continue in his role as the epitome of tonsorial perfection. Capellas' compensation scheme is far less generous, but it reflects a new performance-based incentive plan that the CEO has implemented for all senior executives. For example, newly-hired CFO Jesse Greene will receive a base annual salary of $550K and a first-year cash bonus that will range from $550K to $1.375M, based in part on the company's success in meeting performance targets. Even Compaq's rank-and-file employees can profit from the firm's success, albeit on a much more modest scale. Compaq last December awarded each full-time employee a one-time option of 200 shares. Compaq's first-ever across-the-board dispensation of stock options is designed to give employees an incentive to remain employed at Compaq and to redouble their efforts to improve shareholder value. Compaq will hold its stockholder meeting on March 27, 2000 in Houston, Texas. ©