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

To: PCSS who wrote (96573)	3/27/2002 3:41:18 PM
From: Night Writer	Read Replies (1) \| Respond to of 97611

HWP has been a short since January 18 and has not squeezed one short since then. Things aren't going to change much until HWP turns around. It is also end of quarter window dressing for MFs. I'm not sure they want HWP showing up on their quarterly statements. NW

To: PCSS who wrote (96573)	3/27/2002 6:57:18 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

HP, Compaq CEOs Remind Workers Still To Act As Competitors By: Donna Fuscaldo, Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Hewlett-Packard Co . (HWP) Chief Executive Carly Fiorina and Compaq Computer (NYSE: CPQ - news) Corp. (CPQ) Chief Executive Michael Capellas reminded employees of both companies to "continue to act as if they belong to separate companies ADVERTISEMENT until the official launch of the new H-P." In a letter to Compaq and H-P employees Wednesday, which will be filed with the Securities and Exchange Commission, Fiorina and Capellas said that even though the results of the shareholder vote on the merger of H-P and Compaq won't be certified for a few weeks, the companies are continuing to move forward " aggressively" with the integration and launch planning. "Putting anything on hold while we wait for a final proxy vote tabulation is simply not an option," said the executives in the message. According to Fiorina and Capellas, within the next week, employees will hear announcements on who will report to whom on the new management team, as well as the selection process management will use to fill jobs in the new company. Fiorina and Capellas also said they were "quite gratified" based on a preliminary count of votes that HP received a "majority of the shares held by employees in the HP employee stock purchase plans, which includes the Share Ownership Plan and the legacy Stock Purchase Plan." The executives noted that employee's individual voting results would not be provided to H-P. Shares of H-P were recently trading down 2%, or 36 cents, to $17.72, on volume of 5.8 million shares, while Compaq's stock was also down 2%. -By Donna Fuscaldo, Dow Jones Newswires; 201-938-5253; donna.fuscaldo@ dowjones.com

To: PCSS who wrote (96573)	3/28/2002 10:22:00 AM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

10:09am 03/28/02 Hewlett sues H-P over vote-peddling (HWP, CPQ) By Mike Tarsala Walter Hewlett said Thursday that he is suing Hewlett-Packard (HWP) in the Delaware Chancery Court charging that H-P unfairly solicited votes in the final minutes of the proxy fight to decide the fate of the H-P-Compaq (CPQ) merger. The suit takes issue with the way H-P held up its shareholder meeting on March 19 to win last-minute votes from Deutsche Asset Management, a unit of Deutsche Bank.