<rant-on>
It certainly wasn't us shareholders and former employees that were financial
winners. The HP stock price was around $70 at the Agilent split and has
dropped like a high performance jet aircraft with no fuel to below $20 where
it is still today. Carly and her decisions have not increased the value for
the shareholders since her arrival. In fact, it has lost considerable value.
The company management should have listened to Walter Hewlett and dumped
Carly. Carly will soon take her golden parachute and leave to kill yet
another company. The "Carly Way" has killed the "HP Way" we all were used to
in the early days. Just another me-too products company with no inventions.
<rant-off>

***************************************************************
 CDR Paul Edwards USNR Ret.       HP 3000/9000 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
***************************************************************

-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]]On
Behalf Of Craig Lalley
Sent: Friday, October 08, 2004 10:33 PM
To: [log in to unmask]
Subject: Re: Carly and Crew - was: AP news about WMD or lack of


--- 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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