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Technology Stocks : Dell Technologies Inc.
DELL 127.90-4.4%Dec 17 3:59 PM EST

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To: jbn3 who wrote (40776)5/7/1998 11:22:00 AM
From: Mohan Marette  Read Replies (4) of 176387
 
CPQ/DEC layoff and write off.

jbn3,

That will be interesting to see how this termination of 15000 employees will affect the cpq's earnings,incremental or one time. For one thing the write-off will be quite hefty,probably +500 million dollars easy.Whether they write it off against CPQ or DEC [will that really matter for the new merged company?] I think the earnings will severely impacted.Mason and gang will surely find a way to do some funny stuff with the numbers,I am sure.
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