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

To: Elwood P. Dowd who wrote (95229)	2/13/2002 6:22:51 PM
From: Night Writer	Respond to of 97611

H-P Beats Raised Expectations Feb 13, 2002 (TheStreet.com via COMTEX) -- Updated from 5:06 p.m EST Hewlett-Packard on Wednesday reported $11.4 billion in revenue and a 25-cents-a-share profit in the first quarter of its fiscal 2002, according to generally accepted accounting principles. Excluding one-time items such as accounting adjustments, H-P posted 29 cents a share pro forma earnings after the market closed Wednesday to beat the Street's raised expectations. Analyst consensus called for $11.19 billion in revenue and pro forma 25 cents a share in profits, as tallied by Multex.com. The company said it earned a net profit of $484 million for the quarter, up from $141 million in the year-ago quarter. Wall Street came by its estimates after H-P updated its revenue and earnings guidance on Feb. 4. The company reported an end-of-the-year surge in its PC and printing businesses that allowed it to offer projections of increased revenues from the fourth quarter's $10.9 billion and a "substantial" lift in earnings. H-P CEO Carly Fiorina said the company's strong showing showed it was pursuing the right course in trying to acquire Compaq . "Our execution the last two quarters demonstrates that we're ready to take this decisive step," she said in a release. H-P closed up 21 cents, or 1%, to $20.98 Wednesday. In the first quarter of 2001, HP turned in $11.9 billion in revenue, according to Thomson Financial/First Call. H-P acquisition target Compaq also reported a strong December quarter finish, carried by computing sales, which current industry trend-setter Dell alluded to in its January revenue surprise, delivered midway through the fourth quarter of Dell's fiscal 2002. PC chip suppliers Advanced Micro Devices and Intel offered similar testimony that consumers' cool attitude toward computers thawed at year's end. Rivals IBM and Gateway were not as fortunate. By Tish Williams Senior Writer

To: Elwood P. Dowd who wrote (95229)	2/13/2002 6:26:07 PM
From: Night Writer	Read Replies (2) \| Respond to of 97611

OUCH! The Wally release makes some good points.

To: Elwood P. Dowd who wrote (95229)	2/14/2002 12:40:16 AM
From: PCSS	Read Replies (1) \| Respond to of 97611

I rec'd my CPQ voting proxy at 12:05am 2/14/02 via e-mail (the method/option I've chosen for such communications) This is the wording: PROPOSALS: Please indicate your proposal selections by clicking on the fields below. 01 . THE PROPOSAL TO APPROVE AND ADOPT THE AGREEMENT AND PLAN OF REORGANIZATION AMONG HEWLETT-PACKARD COMPANY, HELOISE MERGER CORPORATION AND COMPAQ COMPUTER CORPORATION, AND APPROVE THE MERGER CONTEMPLATED THEREBY. Directors Recommend: FOR For ___ Against ____ Abstain _____ BTW, I voted ALL my shares FOR