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

To: Night Writer who wrote (93080)	9/17/2001 12:46:03 PM
From: Night Writer	Respond to of 97611

Shares Book Value Share Book Value HWP 1000 $7.28 $7,280.00 New HWP 1000 $8.58 $8,580.00 $1,300.00 CPQ 1000 $6.93 $6,930.00 New HWP 632.5 $8.58 $5,426.85 $(1,503.15) Appears HWP share holders gain $1,300 in book value for every 1000 shares and CPQ shareholders lose $1,503,15 in book value for every 1000 shares. This doesn't mean it is a bad deal. It is just another way of looking at the numbers. NW