Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (96090)	3/14/2002 12:11:03 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

Industry Leaders Voice Support for HP-Compaq Merger PALO ALTO, Calif.--(BUSINESS WIRE)--March 14, 2002--Industry leaders and Hewlett-Packard Company (NYSE:HWP - news) and Compaq customers and partners have announced their support for the HP-Compaq merger. In addition to the comments below, more commentary can be found by visiting the www.VotetheHPway.com Website and selecting ``Industry leaders and observers comment on merger'' and ``The Case for Change: HP + Compaq.'' ``'It's important not to go where the puck is, but go where the puck's going.' And I think that's what this merger is all about ... trying to position the company to be an important part of the future, not simply an important part of the past.'' -- Steve Case, chairman of the board, AOL Time Warner. ``I think from DreamWorks' standpoint the opportunities for us, by merging these enterprises together, would be quite valuable. Compaq has been a very important supplier in our IT infrastructure and HP has been a partner for our high-end technology needs in the animation field. ... The combination of HP and Compaq, uniquely, will be able to better service our needs.'' -- Jeffrey Katzenberg, partner, DreamWorks SKG. ``Compaq and HP are both valued enterprise technology partners of Siebel Systems, and I believe this merger will create an even more powerful ally in the future. The combination of Compaq and HP provides greater opportunity to support Siebel Systems' absolute commitment to 100 percent satisfaction at our joint customers.'' -- Thomas M. Siebel, chairman and chief executive officer, Siebel Systems, Inc. ``As an existing business partner to both merger companies, the fusion will create a more competitive and complete supplier of IT products and services to our company. ... We warmly support the proposition.'' -- Gerard Kleisterlee, president and chief executive officer, Royal Philips Electronics. ``The question that seems to have gotten lost in this controversy is whether the merger is good for customers and good for the industry. And clearly the answer to both of those questions is 'yes.''' -- Craig Conway, president and chief executive officer, PeopleSoft.

To: Night Writer who wrote (96090)	3/14/2002 3:13:41 PM
From: Elwood P. Dowd	Respond to of 97611

While Carly's photo recently appeared on a milk carton...... WW, who has been highly visible and who is not on the FBI's missing persons list, commented today on the merger: Walter Hewlett Comments on Growing Public Opposition to HP Merger With Compaq PALO ALTO, Calif., March 14 /PRNewswire/ -- Walter B. Hewlett, on behalf of The William R. Hewlett Revocable Trust and its trustees, today made the following statement regarding the decisions to vote against the merger of Hewlett-Packard (NYSE: HWP - news) with Compaq (NYSE: CPQ - news) by The California State Teachers' Retirement System (CalSTRS) and the Ohio Public Employees' Retirement System: ``We are delighted that more and more HP stockholders are publicly announcing their opposition to the Compaq merger. We would like to thank CalSTRS and the Ohio Public Employee Retirement System, both ISS clients, who have most recently publicly announced that they plan to vote their shares against the transaction. ``Our support is both broad and real. We believe that HP's stockholders understand that the proposed merger is not in their best interests and we are confident that they will not allow HP to make a $25 billion dollar mistake.'' We encourage all HP stockholders to vote their GREEN proxy AGAINST the merger and mail it back promptly. If you have any questions, please call MacKenzie Partners, Inc. at (800) 322-2885. MacKenzie Partners, Inc. 105 Madison Avenue New York, New York 10016 proxy@mackenziepartners.com (800) 322-2885 (toll-free) (212) 929-5500 (call collect) or visit www.VoteNoHpCompaq.com ATTENTION HP EMPLOYEES It is important for all employees of HP to know that their vote is confidential for all shares owned in the HP 401(k) plan. Strict confidentiality is assured under the terms of the 401(k) plan and applicable federal law. Therefore employees should feel free to vote their 401(k) shares in their best interest without fear of intimidation or reprisal. ADDITIONAL IMPORTANT INFORMATION On February 5, 2002, Walter B. Hewlett, Edwin E. van Bronkhorst and the William R. Hewlett Revocable Trust (collectively, the ``Filing Persons'') filed a definitive proxy statement with the Securities and Exchange Commission relating to the proposed merger involving Hewlett-Packard Company and Compaq Computer Corporation. The Filing Persons urge stockholders to read their definitive proxy statement because it contains important information. You may obtain a free copy of the Filing persons' definitive proxy statement and any other soliciting materials relating to the Filing Persons' solicitation on the Securities and Exchange Commission's website at www.sec.gov, on the Filing Persons' website at www.votenohpcompaq.com, or by contacting MacKenzie Partners, Inc. at 1-800-322-2885 or 1-212-929-5500, or by sending an email to proxy@mackenziepartners.com. SOURCE: Walter B. Hewlett Email this story - Most-emailed articles - Most-viewed articles