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Technology Stocks : EDS - Recent pullback a buy opportunity???

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To: Daniel G. DeBusschere who wrote (1226)11/24/1998 11:26:00 AM
From: bcroyle  Read Replies (1) of 1841
 
Here is a more realistic rumor-monger list for Les' successor. Awhile back I suggested that the new CEO would come from either Europe or the military. Dick Brown of Cable and Wireless fits the first profile. For sure it won't be a military guy, since Colin Powell is not interested. My guess is that right around the first of the year we will have the new guy, and the first 90 days will be a wild ride, especially for anyone who is not close to revenue.

The Jungle/By Tamar Hausman
What's news on the recruitment and pay scenes

And the finalists are?

Electronic Data Systems Corp. seems to have whittled its hunt for a new chairman and CEO to two candidates. The search for Lester M. Alberthal Jr.'s successor likely will be finished by year-end.

EDS has considered numerous corporate stars for the post. One informed individual says the initial list included: Dick Brown, CEO of Cable & Wireless PLC; Ed Zander, COO of Sun Microsystems Inc.; and W. James McNerney, head of General Electric Co.'s aircraft unit. AT&T Corp. President John Zeglis and Teligent Inc. CEO Alex Mandl already have rebuffed EDS's approaches, other people close to situation report. All of the individuals declined to comment.

Retired American Airlines CEO Robert L. Crandall, who many suspected was in the running, is not likely to be picked, says one person familiar with the search. Mr. Crandall could not be reached for comment.
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