SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (93225)9/29/2001 12:38:19 PM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 97611
 
The Best of Real Money

Does Not Compute
In H-P-Compaq Merger Smells Like It's Over, Jim Seymour wrote that he didn't believe the giant personal-computer companies were going to merge. According to Seymour, the value of the deal has fallen from $25 billion to $17 billion, and both parties are looking for a way to back out of it.

That viewpoint was reason for consternation on the part of a few gung-ho investors, who called TheStreet.com this week to inquire about Seymour's sources, if not his sanity.

Nevertheless, Seymour wrote that he suspects we'll soon see a conference call in which Hewlett-Packard (HWP:NYSE - news - commentary - research) CEO Carly Fiorina and Compaq (CPQ:NYSE - news - commentary - research) CEO Mike Capellas will say they don't believe the timing is right for the deal.

Furthermore, Seymour said he expects that Fiorina will likely pay for the deal (and her company's falling share price) with her job.