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Technology Stocks : Compaq

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To: Night Writer who wrote (33860)10/6/1998 12:18:00 AM
From: John Koligman  Read Replies (1) of 97611
 
Here's a post off the Dell thread that you might get a chuckle from:
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To: chuckie (69436 )
From: AL T
Monday, Oct 5 1998 11:01PM ET
Reply # of 69451

chuckie, What about CPQ price??? If DELL will go to the low 40's, what price
for CPQ $8 ????

AL T
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I could not resist responding to this poster, here it is:

To: AL T (69441 )
From: John Koligman
Tuesday, Oct 6 1998 12:10AM ET
Reply # of 69451

Al,
If Dell goes to the 40's, look for about $5 for a fair price on CPQ. That would
give a close to 40B in sales company a market cap of about 7.5B. Dell could
then buy them for a song and pretty much lock up the PC and server market.
Since CPQ will have 5B in cash on hand, Dell could be generous by offering
10B for the company, and it would end up costing them only 5B! Just think of
the squeeze Mikey could then put on Intel!! Awesome!!!
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