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Technology Stocks : Compaq

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To: Satyr who wrote (16343)2/3/1998 3:14:00 PM
From: Clayton   of 97611
 
Satyr,
Re: Investor's Business Daily reports that "Compaq Computer Corp.'s plan to buy Digital Equipment Corp. is getting good reviews from most analysts." But Standard & Poors has downgraded Compaq and placed the corporation on it's CreditWatch list. "A sustained decline in profitability and cash flow measures could lead to a downgrade."

This is totally ridiculous. CPQ doesn't have any debts, nor do they need any substantial long-term debts in the near future. So who the hell is going to worry about their freaking debt rating.

Clayton
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