HP3000-L Archives

March 2002, Week 2

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From:
Paul Edwards <[log in to unmask]>
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Date:
Wed, 13 Mar 2002 11:55:59 -0600
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This is a letter to Bob Combs, the Interex BOD president. It was passed to
me by a former Interex BOD member and reprinted with permission. Although I
didn't write it, I have the same questions for Bob.

 I wonder if I can get some information from you.  I just read the
> following article:
> http://www.computerworld.com/storyba/0,4125,NAV47_STO69034,00.html
>
> and I am extremely confused.  Since when does Interex have shares of HP
> stock?  Were they purchased by Interex or given to Interex by HP (perhaps
> to "buy" support)?  And, if Interex is going to have shares of HP stock,
> doesn't that stock belong to the total membership?  And, if that is
> correct, then why wasn't the membership polled as to how Interex should
> vote on this merger (as well as on other critical votes)?
>
> It was printed in this article that Interex is a private organization and
> does not have to give out information on how many shares of stock it has.
> Well, it is also a membership organization and it is the duty of the
> organization to inform its membership on this type of information.
> Interex is also a "not for profit" organization and I'm not able to
> understand why a "not for profit" organization would own stock.
>
> I appreciate any responses you can give me.  Thanks.
>

***************************************************************
 CDR Paul Edwards USNR Ret.       HP 3000 Certified Consultant
 Paul Edwards & Associates        Phone: (972) 242-6660
 1506 Estates Way                 Fax  : (972) 446-9022
 Carrollton TX 75006              Cel  : (214) 384-8728
 Email: [log in to unmask]          Web  : www.peassoc.com
***************************************************************

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