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

To: Jerome who wrote (95889)	3/8/2002 8:05:19 PM
From: hlpinout	Read Replies (1) \| Respond to of 97611

IMHO,it would not surprise me at all to see both achieve those targets you stated and perhaps a bit higher for CPQ. HWP will go up because of the perceived recovery in the economy with subsequent increase in sales etc. CPQ will also go up keeping the arb difference about where it is now or close it slightly unless some news comes out because it isn't that long before the vote. If the merger happens the arb closes, HWP goes through re-evaluation, CPQ follows with price following share exchange rate with HWP's new evaluation. If merger fails. KABOOM. Managements were out of their minds, the moral of both companies are shot, Moodys and S & P do/threaten to do vile things, prices crumble due to lack of confidence in management, what else is going on behind the scene that isn't mentioned... should I go on? I am not sure how long it would take for recovery but I assume until proven they can deliver the goods. I hope not but in this market nobody messes around if anything appears to go wrong be it perceived or otherwise. It could get real ugly. Again IMO. hio

To: Jerome who wrote (95889)	3/9/2002 10:08:28 AM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

Chicago Tribune Calpers Story........ by: deedee4re 03/09/02 09:36 am Msg: 101648 of 101654 chicagotribune.com chnology%2Dhed THE TICKER HP-COMPAQ: Big pension fund to oppose merger Reuters Published March 9, 2002 SACRAMENTO, Calif. -- The nation's biggest pension fund said Friday that it would vote against Hewlett-Packard Co.'s proposed $22 billion acquisition of Compaq Computer Corp. on grounds the deal would not bring long-term value to its portfolio. The California Public Employees' Retirement System, or Calpers, owns only a small portion of the outstanding shares, but the giant pension fund's moves are closely watched among investors. The decision comes days after the deal got a thumbs-up from Institutional Shareholder Services, an influential independent investment advisory firm, and looked likely to intensify the bitter fight over the deal. Copyright © 2002, Chicago Tribune These articles across the country will give the other fund managers something to contemplate over the weekend. The timing was great for Calpers. Thanks Calpers! D.