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

To: T.R. who wrote (21261)	3/10/1998 5:15:00 PM
From: William Hunt	Respond to of 97611

THREAD - JUST A PERSONAL NOTE :Dow Jones Newswires -- March 10, 1998 Compaq's Pfeiffer Earned $4.5 Million In 1997 NEW YORK (Dow Jones)--Compaq Computer Corp.'s (CPQ) chairman and chief executive, Eckhard Pfeiffer, received $4.5 million in cash compensation last year, according to the company's proxy statement. Pfieffer's 1997 salary of $1.25 million was the same as in the year earlier, but his bonus increased by $250,000 to $3.25 million. Pfieffer was granted options on 1.75 million shares in 1997 at an exercise price of $36.66 a share with an expiration date of September 2007. He didn't exercise any options in 1997, according to the statement. Compaq's chief financial officer, Earl Mason, received $1.175 million in cash compensation, up from the $666,250 he was paid in 1996, according to the statement. Mason exercised options on 150,414 Compaq shares last year for $2.14 million. He was granted options on 650,000 shares in 1997 at an exercise price of $36.66 a share, also with an expiration date of September 2007. Roel Pieper, the former chief executive of Tandem Computers, which Compaq acquired last summer, received $1.786 million in cash compensation in 1997. Pieper resigned from Compaq in January, but "is receiving additional payments of $4.239,264 in connection with his termination of employment," the filing states. Pieper also exercised options on 626,366 Compaq shares in 1997 for $15.8 million. Pieper is now chief strategist at Philips Electronics NV. (PHG). Compaq will hold its annual meeting April 23 at its headquarters in Houston. -By Christopher Grimes; 201-938-5253 BEST WISHES BILL P.S IT MIGHT BE A GOOD IDEA IF EP & MASON TAKE THEIR SALARY IN STOCK OPTIONS FOR 1998 - GIVE THE SHAREHOLDERS A SENSE THAT THEY HAVE A VESTED INTEREST IN OUR FUTURE AND THE COMPANY - 1.00 PER IOCOOCA MIGHT BE JUST ABOUT RIGHT