SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc.
DELL 127.22+3.8%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (47241)6/11/1998 6:19:00 PM
From: jim kelley  Read Replies (1) of 176387
 
Cat,

Thanks....it is dirty work but someone has to do it. <gg>

All that is out now is the following:

go2net.newsalert.com

I expect that CPQ will spell out the charges tomorrow or soon.

The inventory referred to was CPQ's and not DEC's own inventory.
I think we have not seen the worst of it yet.

Frankly, I will be happy when this is over with so that I can once again have confidence in the numbers that Dataquest and IDC are putting out on the industry.

The prognosis for CPQ is not all together good. Where are they going to get the cash to run this Godzilla?

$.4.5 B to DEC share holders
1.5 B for restructuring charges
1.0 B for Inventory write downs

What other charges will there be?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext