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Technology Stocks : Compaq
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To: Dave who wrote (25696)5/7/1998 8:51:00 AM
From: Bazmataz  Read Replies (2) of 97611
 
Anyone know why CPQ announcement about dropping 15k Digital employees didn't move the stock any more? In fact, the stock seemed to drop a bit around the time of the announcement. I would've thought this announcement would boost the stock - cutting costs and all. Maybe the 1.5-2 billion dollar charge offset the positivity..

Any thoughts?

Baz
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