Digital Equipment Corp. (DEC) Message Board

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Technology Stocks : Digital Equipment Corp. (DEC)

DEC 14.67

-2.6%

Dec 1 3:59 PM EST

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To: George Dvorsky who wrote (2767)	1/22/1998 7:42:00 PM
From: William L. Vu	Read Replies (1) of 3276

Return to Company Headlines Digital Equipment To Form PC Venture With China's Fujian Star Dow Jones Online News, Wednesday, January 21, 1998 at 12:46 SHANGHAI -(Dow Jones)- U.S.-based Digital Equipment Corp. will establish a joint venture company with Fujian Star Computer Group Co., a Shanghai A-share listed company, to produce personal computers in Fuzhou, the Shanghai Securities News reported Wednesday. Digital (DEC) will invest $15.24 million, giving it a 51% stake in the $29.88 million venture, which will produce computers for both domestic and overseas sale, said an official with the Fujian Star group. He said the computers will be distributed overseas through Digital's sales network, but was unable to say when the joint venture will begin production. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved. schwab.com

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