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Technology Stocks : Digital Equipment Corp. (DEC) -- Ignore unavailable to you. Want to Upgrade?

To: Mike V. who wrote (2667)	1/6/1998 10:04:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 3276

Why would they make it a policy to not preannounce AND tell shareholders that? that would look very uncaring and callous to share holders. Can't see any logical justification to do so. The purpose of preannouncing is to avoid shock treatment to shareholders and show some concern for shareholder value (not sure if it really does it, it may just change the dates on the inevitable). Also, with such large companies (specially, DEC where insiders neither buy nor hold) if the company clearly sees a shortfall there is no reason to not warn; of course all this is just based on simple minded thinking which will probably not work in practice.

To: Mike V. who wrote (2667)	1/7/1998 1:39:00 PM
From: Charles Skeen	Read Replies (1) \| Respond to of 3276

Funny how when we periodically get someone new on this board who announces the intention of going short, it is usually the prelude to a run up in the price! And as to <<<I believe it is the policy of Digital to not preannounce>>> -- well, that is nonsense. They did it for a couple of quarters in a row around the 2nd half of 1986. Can't recall if it was by way of a press release, but they gave the analysts plenty of time to revise their estimates down before the quarter ended. Also, interesting to note that you are an ex-employee. Don't let your emotions about your DEC experience override your investment judgment! Charlie. (Looking forward to the next upsurge.)