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Technology Stocks : CSC Computer Sciences Corp
CSC 69.010.0%Apr 10 5:00 PM EST

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To: William Y. Huang who wrote (45)2/12/1998 12:18:00 PM
From: Hardware Heister  Read Replies (1) of 125
 
In that case can someone explain to me why CSC is now trading *below* CA's bid?

Investors are apparently skeptical that the merger will happen, so they are pricing the shares below the $108 offer price.

I also believe I read somewhere that analysts are suggesting CSC is worth in the neighborhood of $130 a share, based on the contracts they have on hand for the next few years.

CSC is treating this as an 'unsoliticed offer' and the board of CSC is looking into it.
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