Digital Equipment Corp. (DEC) Message Board

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Technology Stocks : Digital Equipment Corp. (DEC)

DEC 14.34

-1.7%

Dec 12 9:30 AM EST

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To: hossein hosseini who wrote (3024)	3/7/1998 1:21:00 AM
From: pass pass	of 3276

Maybe DELL will give DEC a better deal, just as WCOM did to MCI. This coming month or maybe even into summer and fall, the tech market will be scarier than ever. But if DEC is dragged down to $44, this means you can buy CPQ (if the deal is still good) at ($44-$30 cash)/0.945=$14.8/CPQ share. This means with CPQ reduced '98 earning at $1.8/share, CPQ could have a P/E of 8.2, which means CPQ is priced cheaper than the oil drilling companies (my current favorite).

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