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Technology Stocks : Digital Equipment Corp. (DEC)
DEC 14.34-1.6%4:00 PM EST

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To: rich evans who wrote (3014)3/6/1998 5:15:00 PM
From: Satish C. Shah  Read Replies (2) of 3276
 
Hello Rich:
I have two problems with your numbers. If CPQ gets 6% off of 50 Bill as you are estimating, the street will kill CPQ. Currently they are getting 8.5%. And second, CPQ, after distributing 150 mill shares for DEC, will have approximately 1.7 Bill shares outstanding. $ 3.00 Bill divided by 1.7 Bill shares gives only $1.70 per share and this is where as the saying goes s*** will hit the fan.
I hope we do much better than that.
WE are in the same boat.
Regards,
Satish
(the one who came over with Tandem)
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