HP3000-L Archives

October 2004, Week 2

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Craig Lalley <[log in to unmask]>
Reply To:
Craig Lalley <[log in to unmask]>
Date:
Fri, 8 Oct 2004 20:33:10 -0700
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--- Shawn Gordon <[log in to unmask]> wrote:
> I said it at the time and I'll say it again - silliest thing I've ever
> seen.  Two companies that provide commodity parts merging.  What the heck
> was the point?  Neither had anything that the other needed, they both
> provided virtually the same stuff other than their mini-computer systems
> which they both killed.

Shawn,

Thanks for commenting on something on-topic.  I agree with your point.

Does anyone have any numbers though to show there was any value added.  i.e.
what was COMPAQ and HP worth before the merger.  HPQ today had a market cap of
56.05Billion.   So how much in value did HP and COMPAQ drop?

How much did all the managers pocket because of the merger?  Obviously there
were a few winners, just not the shareholders.  It certainly wasn't the
employees.

-Craig




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