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Technology Stocks : Compaq
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To: Jim McMannis who wrote (17016)2/7/1998 9:42:00 PM
From: Ibexx  Read Replies (1) of 97611
 
Jim and thread,

The following is from today's Barron on the merger of CPQ/DEC.

He calculates, breathing rather heavily, that with all the aforegoing and after "liberating the cash sloshing around in DEC's balance sheet," the cost of the acquisition will be slashed from the aforementioned $9.5 billion to a piddly $3.5 billion. Which would be, he reckons, something less than four times DEC's cash flow next year.

If so -- and the operative word is "if" -- who can quarrel? The deal really is a

Ibcxx
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