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Technology Stocks : Compaq
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To: profile_14 who wrote (81576)4/25/2000 12:05:00 PM
From: profile_14  Read Replies (1) of 97611
 
victor, I'll make one further allowance, which is to say that they may have reaped average benefits for the layoffs during the quarter, since all 2000 layoffs would not have taken place on Jan 1 of course. Having said that, cost savings for the quarter would be 2.2 cents per share, with the full benefit ensuing thereafter. You can make the same argument for the current quarter, and therefore take 2.2+4.4 and get 6.6 cents worth of benefits just from layoffs for Q2 on a constant model.
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