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

To: Elwood P. Dowd who wrote (93714)	11/12/2001 6:41:50 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

Hackborn ket to CPQ deal: by: kurtep 11/12/01 05:46 pm Msg: 261005 of 261010 BY SCOTT HERHOLD stocks.comment(TM) Anyone trying to forecast whether the HP-Compaq deal will succeed -- and whether Carly Fiorina will keep her job -- quickly finds that the threads lead back to one man: Richard A. Hackborn. With co-founders Bill Hewlett and David Packard gone, Hackborn is the elder statesman on the Hewlett-Packard board, the link to a magical past and the man who fought hard for Fiorina's appointment as chief executive more than two years ago. Now that faith is being tested like never before. Hackborn is being pulled two ways -- between his loyalty to Fiorina and his allegiance to an organization that shows signs of rejecting her. The public opposition to the deal this week by the two sons of the founders -- Walter Hewlett and David W. Packard -- focused the klieg lights on his uncomfortable position. Hackborn himself isn't talking publicly and has been unreachable at his Idaho home. But friends describe him as full of angst about the way the proposed merger is being received. It wasn't supposed to happen this way. Hackborn, a longtime HP executive, became chairman of the board when Fiorina arrived and has been her foremost champion. Better than anyone else, he understood years ago that HP needed change. For all its values and vaunted culture, the Palo Alto company had become complacent and fat