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

To: Lynn who wrote (97207)	4/17/2002 6:15:07 PM
From: PCSS	Read Replies (2) \| Respond to of 97611

to my FAVORITE stump-burner ..... BURN MORE TOMORROW TOO !!! Hewlett trust says HP merger tally can be contested 4/17/2002 5:58:27 PM PALO ALTO, Calif., April 17 (Reuters) - The trust headed by Hewlett-Packard Co (HWP) dissident director Walter Hewlett, who led opposition to the company's bid to buy Compaq Computer Corp. (CPQ) , on Wednesday said the preliminary tally showing shareholders had approved the deal could be challenged. Hewlett-Packard said on Wednesday that the initial results showed that shareholders had approved the controversial merger by a 3 percent margin out of 1.63 billion shares voted. In a statement, the William Hewlett Revocable Trust, which represents the assets of one of HP's co-founders, said that "extremely narrow" decision could still be challenged and a recount demanded before the vote is certified. A spokesman for Hewlett declined to say specifically whether or when that challenge would be mounted. HP, in its statement, said a recount could be completed in about a week with another day or two to complete the challenge process. The Hewlett trust is also contesting the close-fought merger vote in a Delaware lawsuit against the company scheduled to begin on April 23.