HP3000-L Archives

May 2002, Week 1

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Guy HPTraderOnline <[log in to unmask]>
Reply To:
Guy HPTraderOnline <[log in to unmask]>
Date:
Wed, 1 May 2002 12:11:53 -0700
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I agree with Joseph.

I once had the opportunity to visit eight teams all doing the same thing.
When I asked for comments, I received problems from some and
suggestions/solutions from others.  The teams who were vitriolic always
finished their tasks dead last.

If you are staying with HP, or heading off to other pastures, please have
your procurement/disposition office take a look at www.hptraderonline.com.
We might save you some of your company's cash either way.

Guy Avenell

----- Original Message -----
From: "rosenblatt, joseph" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Wednesday, May 01, 2002 8:59 AM
Subject: [HP3000-L] The Merger


> The merger is now a "done deal." How is everyone going to act? Will people
> gloat, pine, whine, move, shake, rest on their laurels or work like the
> dickens?
>
> HP management has very little room to gloat because:
> 1. The ruling did not say that they had acted ethically and in good faith.
> What the ruling said was that the plaintiff did not meet a very high
> standard of evidentiary proof. The case is over but the cloud remains,
> especially in this post-Enron era.
> 2. A proxy vote of this type, management vs. a dissident shareholder, is
> almost never close. The argument that non-family members voted
> overwhelmingly for the merger is specious. It is equivalent to saying that
> one candidate would win if we don't count the other candidates votes. The
> families have the right to vote and to belittling their votes is not a
valid
> line of reasoning.
> 3. A lot of political capital has been spent. I don't believe there will
be
> an extended honeymoon. A lot of people want to start seeing results soon.
>
> How will HP act? Let us hope that the transition teams have done their
jobs
> well. Let us hope that everything Ms. Fiorina and Mr. Capellas promised
will
> happen. HP will have to work extremely hard to make even half of what was
> promised come true. Now is the time for HP to start to bring these
promises
> to fruition. There is no energy to waste on side issues like vengeance or
> vindictiveness.
>
> How should we the customers/partners act? One thing we need to do is
accept
> the truth. Whether anyone on this list likes it or not the merger has
> happened. To continue the anti-merger campaign in thought, word or deed is
> not productive. The war is over and the merger side won.
>
> Some people may feel that they no longer want anything to do with HP
either
> as a customer or a partner. All can say is that those of us that are
staying
> on to meet the new challenge will miss them. Some may stay because they
want
> to some because they have to but if they stay, they have to accept
reality.
> As an IT professional dealing with HP products I have no other choice.
>
> I said above that HP can have no energy to spare on vengeance or
> vindictiveness; neither do we. Let me add the third "killer V" vitriol.
> Calling names, stomping feet, whining, threatening or putting bumper
> stickers on your car reading, "Charleton Heston is My President" will not
> change reality. Being negative instead of productive will benefit no one.
>
> Ms. Fiorina is the CEO of HP and will be until the shareholders or their
> elected board removes her from that office. If you wish to start a
> grassroots movement to do, so you are within your rights. If you do try to
> replace her may I suggest that being nasty, personal slanders and
> unsubstantiated opinions is a recipe for failure.
>
> Time will tell.
>
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>

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