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Technology Stocks : Compaq

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To: Merlo who wrote (27551)6/12/1998 12:41:00 AM
From: Mike V.  Read Replies (3) of 97611
 
Why is everyone so positive?

Current quarter analyst forecasts for CPQ $ .01 per share
Current quarter analyst forecasts for DEC $1.17 per share

Quote from the Compaq press release:

"Excluding these charges, we believe the combined company will achieve approximately break-even results for the second quarter," said Mason.

The current S&P report states that DEC has 147,429,000 common shares. So unless there is something that I'm missing what happened to the $172,491,930 that DEC was supposed to earn.

Combined company Breaks Even sure looks like a Compaq blow up to me.
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