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Technology Stocks : Compaq

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To: Senator949 who wrote (45148)1/26/1999 1:34:00 PM
From: rudedog  Read Replies (2) of 97611
 
Robin -
I think that there was a 2-step process internally - first create altavista as a wholly owned sub, then take the sub public. I have not worked through all the machinations yet, there was not enough detail in the public info to figure out exactly what the steps are.

I like the fact that CPQ shareholders get ownership in the new company.

I agree with Lynn, I think they were planning this for Friday but someone leaked it, so they pre-emptively announced. Still expecting good numbers tomorrow.
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