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Technology Stocks : Hewlett-Packard (HPQ) -- Ignore unavailable to you. Want to Upgrade?

To: The Duke of URL© who wrote (49)	5/6/2002 6:23:59 PM
From: Dave B	Read Replies (1) \| Respond to of 4345

Duke, The attitude that you and Lynn have frightens me, and is exactly the attitude that make these mergers fail time and time again. The combined company will go through much more protracted and agonizing woes if CPQ tries to keep it's culture, especially if they think they're going to somehow "stealthily" take over, rather than accepting the fact that they were purchased because they weren't making it on their own and they need to do things differently. That attitude results in a lack of cooperation and effectiveness within the organization. If the CPQ employees don't acquiesce and try to assimilate themselves quickly, the company is going to go nowhere. Not now, and not 1, 2 or 5 years from now. Too much energy will be spent on in-fighting and backstabbing rather than on fighting Dell, IBM, etc. The HP employees are not expecting to change their culture to match CPQs; why should they? They were the acquirer, not the acquiree. And since two-thirds of the managers will be HP managers, they won't have to. Remember, to the victor go the spoils. The fact that the HWP people are getting most of the management positions is how it should be -- HWP was the more successful of the two companies and the talent that got them there should hold the top slots. I pray that the CPQ/DEC/Tandem people don't do to HPQ what they did to CPQ. Enough "soapbox"ing for me. If you guys want to have a stealth CPQ thread, there's nothing I can do. I hope, however, that you'll join the HP family on the older thread (and I've requested that the thread headers be changed in accordance with our previous discussions). Dave

To: The Duke of URL© who wrote (49)	5/6/2002 6:31:51 PM
From: Lynn	Respond to of 4345

H-P Leans Towards Its Managers in Setting Up New Organization By: Gary McWilliams, Staff Reporter of The Wall Street Journal HOUSTON -- Two of every three middle-management appointments recently made by Hewlett-Packard Co . (HPQ) went to its executives over managers from the acquired Compaq Computer (NYSE: CPQ - news Corp., according to an analysis of the latest appointments. In a few of the new groups, the appointments are split fairly evenly between the two -- such as Network Storage and its industry and corporate account portion of its big-computer unit. Elsewhere, the appointments are a patchwork of H-P and Compaq teams that mirror the individual companies' market-share rankings. "Where Compaq is strong, they kept the team, and kept the products. Where Compaq is weak, they went to H-P," said Terry Shannon, who writes a computer industry newsletter called Shannon Knows HPC. According to the appointment documents, H-P managers will rule the company's big-iron group, called Business Critical Systems, with six of eight division executives from H-P units. H-P managers also dominate the consumer-PC business unit executive staff, where the Palo Alto , Calif. , computer maker eclipsed Compaq after just a few years of head-to-head competition. The management of combined companies' Intel-based server unit is entirely made up of Compaq executives, who also staff most of the new Notebook PC business unit. Compaq has the world's largest share of Intel-based servers and ranks third in notebook PCs, above H-P's eighth place worldwide ranking. Tuesday, the combined companies management teams and continuing product lines are to be presented to employees and customers in ceremonies broadcast from H- P's Palo Alto headquarters. The company is expected to gradually remove products where overlap exists, such as servers and PCs. In Houston , Compaq's headquarters since its founding in 1982, building and access signs are draped in blue wrapping. Underneath, the red Compaq signs have been replaced with blue H-P name and logo that will be unveiled here Tuesday morning. -By Gary McWilliams, The Wall Street Journal; 713-547-9206