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Friday, May 03, 2002


Topless thieves outfox man in his own home (Court TV) The going rate for breasts is cheap these days!

Nick, what do you think of this?
HP closes book on Compaq deal (CNet):

"After a rancorous eight-month proxy fight, a three-day trial in Delaware, countless speeches, a blizzard of regulatory filings, and a bitter boardroom squabble, Hewlett-Packard on Friday completed the largest technology merger in history by acquiring Compaq Computer.

Closure of the deal, valued at an estimated $19 billion, is a major victory for Carly Fiorina, the HP chief executive who staked her reputation on acquiring Compaq and refused to publicly consider what would happen if her plan failed....

The sizable remainder of shareholders agreed with former board member Walter Hewlett that combining the companies would dilute the HP lucrative printer operation while increasing its exposure to the low-margin PC business. Many employees also criticized the union, partly because some 15,000 jobs are expected to be cut from a combined work force of 150,000....

Gone is the independent Compaq, whose semi-portable PC dreamed up in a Houston pie shop some 20 years ago was the original challenge to IBM's PC. In a largely symbolic move, HP said Thursday that it would change its ticker symbol from HWP to HPQ to reflect Compaq's heritage and contribution to the new company."


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