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


To: hlpinout who wrote (95631)3/3/2002 7:18:06 PM
From: Captain Jack  Respond to of 97611
 
The "HP Way" is as dead as its founders! What company will hold onto employees it no longer needs and will not need in the near future? Just dead ones!



To: hlpinout who wrote (95631)3/3/2002 7:21:25 PM
From: Captain Jack  Respond to of 97611
 
More of Wally SHIT?? I'd bet... now maybe cpq will get back into my 'buy' range???
LOS ANGELES, March 3 /PRNewswire/ -- A lawsuit has been filed in United
States District Court for the Northern District of California on behalf of all
persons who held Hewlett-Packard (NYSE: HWP) common stock as of
January 28, 2002.
The complaint alleges that defendants, including HP and certain officers
and directors, violated Section 14(a) of the Securities Exchange Act of 1934
by omitting material information in the Proxy materials which were filed with
the SEC and distributed to shareholders in connection with the proposed merger
with Compaq Computer (NYSE: CPQ), and that the individual defendants violated
their fiduciary duties of care, loyalty and candor to the detriment of the
Company's public shareholders.
The action seeks to enjoin defendants from proceeding with, soliciting
for, having shareholders vote on, or closing the transaction between HP and
Compaq until a corrective proxy statement has been issued and until the
individual defendants carry out their fiduciary duties to HP shareholders by
re-evaluating Compaq's worth as a merger/acquisiti on candidate, and to
compensate shareholders for damages suffered as a result of the acts alleged.
Plaintiff is represented by the law firm of Weiss & Yourman, which has
significant experience in prosecuting class actions on behalf of shareholders.
If you are a member of the class described above, you may, no later than
May 2, 2002, move the court to be appointed lead plaintiff. A lead plaintiff
is a representative party that acts on behalf of other class members in
directing the litigation. In order to be appointed lead plaintiff, however,
you must meet certain legal requirements. Your ability to share in any
recovery is not affected by your decision whether or not to serve as a lead
plaintiff. You may retain Weiss & Yourman or other counsel of your choice to
serve as your counsel in this action.
For more information on your rights or interests with respect to this
matter, please contact plaintiffs' counsel: