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Technology Stocks : HWP -- Hewlett Packard -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (4455)	3/28/2002 10:51:47 AM
From: Kirk ©	Read Replies (1) \| Respond to of 4722

If all board members of Enron had kept quiet while the auditors and managers ran the business with far too much risk and as a way to line their own pockets with shareholder wealth, then Enron would be where it is today... bankrupt as that is just what happened. Like it or not, Walter did his job. The pay packages rumored to have been discussed for CF & MC to lead the merged company made me ill. I was also made ill when I read they promised major bonuses to the top employees if they stayed at the merged companies a year after the deal. The market for talent is so soft now that this was more a bribe to get them to back the deal with the other employees than a true retention bonus. Sad thing is the bonus was about equal to a good years earnings (trying to remember from the article I read on it.. I could have the numbers wrong). Since the split, I must admit I have been selling HWP ahead of my plan and buying Agilent, the REAL HP.... YTD cbs.marketwatch.com 1 YR cbs.marketwatch.com Kirk

To: Jerome who wrote (4455)	3/28/2002 12:35:39 PM
From: Oeconomicus	Respond to of 4722

Face it, Jerome. Your predictions and explanations of HWP's stock price movements have been completely wrong. Every time the deal looks like a go, the stock tanks, and every time it comes into question again, the stock rises - just the opposite of your predictions. There are two simple reasons - 1) wall street, with the exception of the firms getting big fees off this deal, has never liked the deal (as the charts I posted this morning show), and 2) arb activity.

To: Jerome who wrote (4455)	3/28/2002 12:37:02 PM
From: Dave B	Read Replies (1) \| Respond to of 4722

Jerome, Today HWP was recovering nicely and then Wally announced his decision to piss away more of his unearned income to protest the merger and HWP stock price tanks immediately. I've never met someone who can spin so well <G>. Actually, at 10:09 when the news hit the wire, the stock price immediately jumped $.50 (~3%) from $17.80 to $18.30. It has since settled back to where it was before the announcement. There has been no negative effect from the announcement. Here's the chart (read it quickly -- it'll only be good for today): finance.yahoo.com p.s. If you look at the chart for the last couple of days and today's chart before 10:09, there is no "recovering nicely" going on in HWP. Just check out the last week -- siliconinvestor.com -- you have to love that 3/19 "we really love the merger idea" price decline. If he stopped his protests...a recovery (in share price)would be likely. Given the reactions of the stock on the day the merger was announced as well as the day Hewlett announced his opposition, and it's non-recovery since 3/19, do you really believe that? LOL! Being a "team player" seems to be important to you. I'd rather think for myself, however, and am glad that WH has taken this battle on. I wish a lot more people would speak up when they see a bad idea taking root. We need more critical thinkers in this world, not more sheep. Dave