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Technology Stocks : Digital Equipment Corp. (DEC)
DEC 14.32-5.4%Nov 20 3:59 PM EST

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To: Bruno Cipolla who wrote (2894)2/4/1998 12:54:00 PM
From: George Dvorsky  Read Replies (1) of 3276
 
RE: "It should be 30$+0.945*33= 61.18$"
It is, minus the uncertainty factor (the acquisition is not guaranteed and any balking could cause a free-fall in DEC) minus the fact that mostly arbitragers (I can't spell that one) are buying (CPQ gives greater return per $ invested so why buy DEC) and take a bit to catch up, plus the money CPQ might sweeten the deal with or another suitor might come up with, etc.......
Some formula...

gd
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