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Technology Stocks : Compaq

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To: Andreas who wrote (24516)4/17/1998 10:00:00 AM
From: Spots   of 97611
 
>>CPQ stock cannot, will not and should not move up or down
based on developments with dec at this time.

Andreas, I agree with all that you say except that CPQ
probably does suffer some downside due to that same
uncertainty, that is, it is not quite as totally free-
running as you say. It's fairly typical of the buying
companay to be held back in large mergers (whether
justified or not). Look back at Tandem/Compaq last
year for just one such example.

This is not to disagree except in this most
minor way. You've put it very well. I wouldn't expect
CPQ to completely determine its own fate till after
the buyout's a done deal, though (or falls through).

Spots
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