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Technology Stocks : Dell Technologies Inc.
DELL 125.97-1.0%3:59 PM EST

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To: stock bull who wrote (83936)12/6/1998 12:49:00 PM
From: jim kelley  Read Replies (2) of 176387
 
Stock Bull,

Here are the numbers for CPQ net worth as approximated by their
current assets and current liabilities:

Year CA CL CA-CL
1997 12017 5202 6815
1998(3) 14770 10356 4414

The net worth of the company was reduced by 2.4 B by the acquisition of DEC. Bear in mind that this is probably a conservative estimate since CPQ has not yet expensed all the costs of the acquisition including severance for employees it will layoff.

One good thing that is noteworthy is that CPQ has no long term debt. But their available cash to run the combined companies is about 2/3 what it was to run CPQ alone.

Regards,

Jim Kelley
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