SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (95766)3/6/2002 4:35:31 PM
From: The Duke of URLĀ©  Read Replies (2) | Respond to of 97611
 
Lots of articles on the HP ISS

Dept. of Noodling Department.

One thing is for certain, CPQ has been the main event in front of investors for at least two straight days.

This publicity or awareness or recognizability will itself cause the stock to increase in price over the next couple of years, much the same as when the pumpers did a stock split, knowing that the publicity itself causes the stock to bump.



To: Night Writer who wrote (95766)3/6/2002 6:50:44 PM
From: Elwood P. Dowd  Respond to of 97611
 
Institutional Shareholder Services Recommends Compaq Shareholders Vote Yes For Merger
Recommendation Continues Momentum Behind Merger
HOUSTON, March 6 /PRNewswire-FirstCall/ -- Compaq Computer Corporation (NYSE: CPQ - news) today announced that Institutional Shareholder Services (ISS) issued a formal recommendation that its clients holding shares in Compaq vote in favor of the company's proposed merger with Hewlett-Packard Company. The ISS recommendation follows a thorough analysis of the merger and its potential impact on institutional shareholder value. ISS analyzes proxy issues and provides vote recommendations for more than 8,500 U.S. shareholder meetings each year.

On Tuesday, ISS issued a similar favorable recommendation to holders of shares in Hewlett-Packard Company. In today's recommendation, ISS confirmed that the transaction is in the best interest of the institutional shareholders who hold shares in Compaq.

``With the positive recommendations to both HP and CPQ shareholders, we have obtained a powerful independent endorsement of the strategy behind this merger,'' said Michael Capellas, Compaq chairman and chief executive officer. ``I am particularly pleased that the ISS looked beyond some of the rhetoric that has surrounded this proposed merger and focused on the benefits that this union will bring to customers and the value it will be bring to shareholders. We will continue to meet with shareholders over the next two weeks to present our vision for the new company.''

``I am also particularly pleased that the ISS recognized that the employees of Compaq and HP were up to the task of making this merger and the subsequent integration work,'' Capellas added. ``While this will be a considerable undertaking, we have already made significant progress on the items that will jump-start the new company once we have achieved the required shareholder support.''

The merger remains subject to shareholder approval. A special meeting of Compaq shareholders will be held on March 20, 2002, to vote on the proposed merger.