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


To: MeDroogies who wrote (96596)3/28/2002 12:57:20 PM
From: Night Writer  Read Replies (2) | Respond to of 97611
 
Let's get down in the dirt and use plain English to discuss what happened. Business PC language is nothing more then obfuscating the real activity.

HP told the investment banker, they would not do business with them if they voted against the merger. That is the plain and simple fact without the PC business language. The banker’s vote was changed to yes.

What do you think the investment bank is doing with their HWP shares? Holding them, or selling them? Selling them based on their research would be the correct action. You might force the banker’s vote, but you can’t force him to hold the shares. You just force him to vote with his feet.

When management resorts to power tactics to sell anything, they pay a great price for doing so. Shareholders are like customers. Neither of them like having products or positions shoved down their throats.
NW