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Technology Stocks : Compaq

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To: rudedog who wrote (22512)3/19/1998 12:23:00 AM
From: Kashish King  Read Replies (1) of 97611
 
More importantly...

In a related matter, Digital Wednesday started notifying some workers of pending layoffs, according to sources close to the company. Digital officials, however, denied layoffs started today. Analysts speculate Digital could eventually let 20,000 people go after the merger.

I predict the stock will bounce smartly well before the formal announcement actually does come down. As usual, employee reductions are going to benefit shareholders and we can only hope those DEC and CPQ employees being sent on involuntary vacations are long their respective companies.
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