EDS - Recent pullback a buy opportunity??? Message Board

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

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To: Thomas Walker who wrote (1263)	12/8/1998 1:27:00 PM
From: Daniel G. DeBusschere	Read Replies (1) of 1841

IBM and AT&T will be busy with Human Resource Problems? - Under the deal announced today, 5,000 IBM employees from the global network division will go to work for AT&T when the deal closes. The deal is expected to be concluded by next summer. In a related move, IBM agreed to manage AT&T's computers that support its long-distance services for business customers for $4 billion over 10 years. As a result, more than 2,000 AT&T employees will go to work for IBM. In addition, AT&T will manage the communications needed by IBM for its customers for $5 billion over five years. ******************************** This scale is comparable to the the GM/EDS deal in 1984 where 10,000 GM employees transferred to EDS. This outsourcing arrangement is pretty much a barter deal.

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