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Technology Stocks : Digital Equipment Corp. (DEC)
DEC 14.60+2.0%Nov 21 9:30 AM EST

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To: William L. Vu who wrote (3007)3/5/1998 2:59:00 PM
From: Senator949  Read Replies (2) of 3276
 
William,

I'm glad to hear I'm not the only one that thinks the DEC shareholders are being robbed. It really burns me to keep reading that Compaq is paying $9.6B when in reality it is only the cost of printing up a few
new CPQ certificates and about:

$4.50B Compaq cash
- 2.00B DEC cash on hand
- .70B Intel cash from settlement
- .45B Cabletron cash
==========
1.35B real cash

Now if you also take into account the $.8B cash discount coupon also coming from Intel, they're really getting DEC for about $3.50/share.

They need a 2/3 majority vote to pull it off and if Compaq keeps falling far enough they may not get it.

Robin
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