HP3000-L Archives

March 2002, Week 3

HP3000-L@RAVEN.UTC.EDU
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Subject:
Re: HP COMPAQ MERGER
From:
"John R. Wolff" <[log in to unmask]>
Reply To:
John R. Wolff
Date:
Thu, 21 Mar 2002 11:35:38 -0500
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Wall Street is NOT buying the HP victory announcement yet.

Current price of HWP: $18.52
Current price of CPQ: $10.98

Compaq should theoretically be priced at $11.71 per share (.6325 x HWP
shares) or 73 cents more per share.  This would be the case if
the "victory" claimed by HP were believed to be accurate.  This indicates
substantial doubt about the outcome of the final vote count.

Once again Carly may have spoken too soon.

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