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

To: jim kelley who wrote (60515)	5/5/1999 2:33:00 PM
From: Bill H	Respond to of 97611

Attention All Former or Current Employees of Compaq Computer Corporation: Business Wire - May 05, 1999 12:09 NEW YORK--(BUSINESS WIRE)--May 4, 1999-- A Class Action Has Been Brought On Your Behalf With Respect To Purchases of Compaq Securities, Including The Compaq Stock Fund, Issued Pursuant To Registration Statements And Prospectuses During The Period From January 27, 1999, Through April 9, 1999, Inclusive The following was released today by the Law Offices of Jeffrey S. Abraham: NOTICE IS HEREBY GIVEN pursuant to Section 27(a)(3) of the Securities Act of 1933 that a lawsuit has been filed on behalf of a proposed class (the "Class") consisting of former and current employees of Compaq Computer Corporation ("Compaq" or the "Company") (NYSE: CPQ) who purchased Compaq securities including, without limitation, the Compaq Stock Fund, which were issued pursuant to registration statements and prospectuses during the period of January 27, 1999 through April 9, 1999, inclusive ("Class Period"). The suit was filed in the United States District Court for the Southern District of Texas where Compaq maintains its, names Compaq, Eckhard Pfeiffer and Earl Mason as defendants and alleges that they violated Section 11 of the Securities Act of 1933 by making materially misleading statements or omitting to state facts necessary to make other statements made in the relevant registration statements and prospectuses not materially misleading. OPEN MARKET PURCHASERS OF COMPAQ SECURITIES ARE NOT REPRESENTED IN THIS LAWSUIT and are instead part of the class defined in previously filed actions seeking a recovery on behalf of such open market purchasers. ONLY PERSONS WHO PURCHASED COMPAQ SECURITIES PURSUANT TO A REGISTRATION STATEMENT AND/OR PROSPECTUS DURING THE CLASS PERIOD ARE INCLUDED WITHIN THE CLASS WHICH IS THE SUBJECT OF THIS NOTICE. If you are a member of the Class and wish to serve as lead plaintiff for the Class, you must not later than 60 days after the date on which this notice is published move the Court to serve as lead plaintiff. This action was filed by the Law Offices of Jeffrey S. Abraham and Kantrowitz, Goldhamer & Graifman, each of which has significant experience successfully prosecuting complex securities fraud class actions on behalf of defrauded investors. If you are a former or current employee of Compaq who purchased Compaq securities pursuant to an employee stock ownership plan during the Class Period and wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to this matter, please contact: either Jeffrey S. Abraham of the Law Offices of Jeffrey S. Abraham, toll-free at 800-938-0015 or via Internet e-mail at Jsalaw@aol.com or by writing the Law Offices of Jeffrey S. Abraham, The Lincoln Building, 60 East 42nd Street, 47th Floor, New York, N.Y. 10165 or Gary S. Graifman at Kantrowitz, Goldhamer & Graifman, P.C. toll-free at 800-660-7843 or via Internet e-mail at KGLAW1@aol.com or by writing, Kantrowitz, Goldhamer & Graifman, P.C., 747 Chestnut Ridge Road, Chestnut Ridge, New York 10977.