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Technology Stocks : HWP -- Hewlett Packard -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (3808)	12/12/2001 1:40:46 PM
From: Oeconomicus	Respond to of 4722

Its been difficult to determine how much of the stock drop was due to Sept. 11, how much was due to weak economic outlook, and how much was due to the deal....separate those three and we will all pay attention. It's not difficult at all. Just look at a chart. siliconinvestor.com Not only did both stocks drop sharply in the day or two after the announcement, but they also seriously underperformed both the S&P and the Nasdaq, and all this happened before 9/11. I would expect that those HWP and CPQ shareholders that hated the deal had a fair amount of time to bail from either stock. Ahh, but those who bought HWP from them have an incentive to see that the deal dies because, if it falls upon announcement, it could reasonably be expected to rise upon termination. Rising on the possibility/likelihood of termination, while partially due to arb short covering I'm sure, does tend to support my case. Bob