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


To: BelowTheCrowd who wrote (3921)12/15/2001 9:10:03 AM
From: Jerome  Read Replies (1) | Respond to of 4722
 
INTC/HWP comparisons......

Perhaps INTC is where the next leader of HWP will come from.
Becase you mentioned it I don't recall an INTC senior manager contesting any INTC policy.

Jerome



To: BelowTheCrowd who wrote (3921)12/15/2001 10:55:28 AM
From: Elwood P. Dowd  Read Replies (1) | Respond to of 4722
 
Lifted at The Zoo:

Living the HP way ??? NOT !! Barrons
by: sb20011 (41/M/NY) 12/15/01 10:42 am
Msg: 264739 of 264739

How Firm a Foundation?
Using tax privileges to hold control from beyond the grave is not charitable

There's nothing more useless than a retired executive who hangs around the office, kibitzing and kvetching about the work of his successors. The only thing worse than having him underfoot for life is for his tax-exempt foundation to be underfoot for all eternity.

There are reasonable doubts aplenty about the wisdom of Hewlett-Packard's merger with Compaq, but the most dubious thing about the merger controversy is the role of the Hewlett and Packard family foundations. Using foundations to maintain family control over public companies is unwise and bad policy.

The children have steered their fathers' foundations to oppose the merger, and because the foundations control about 18% of H-P stock, their opposition is likely to break the deal. But none of them followed their fathers into the family firm; none of them lives by "The H-P Way" they profess to protect.

The Packard Foundation is 85% invested in H-P and its spin-off Agilent; the Hewlett Foundation is not much more diversified. If these are charities and not merely agents of corporate control, they should invest to protect the interests of their recipients, or lose their special tax status.