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

To: vegetarian who wrote (2876)	1/30/1998 5:01:00 PM
From: Charles Skeen	Read Replies (1) \| Respond to of 3276

Re: <<when will the shares be exchanged>> Well, the shareholders have to receive the proxy, vote to approve the deal, and then they will get the shares. One thing at a time. The original announcement indicated only that the whole deal was expected to be completed "in the second quarter." BTW, when DEC closed down slightly on Wednesday, it ended a string of 11 consecutive daily gains. The gain in the 11 days was 60.5% from the close on Friday 9th. So where do we go from here? CPQ's stock price has been stalled around 30, and though it may remain there for a couple of weeks, I believe that its next move will be to the upper 30's. I think we can get another 5 to 10 points out of DEC before it stops trading. OK, OK no one's going to get excited about what I think, but its just my way of saying that I am optimistic and am holding until the deal closes. Then I will probably hold on to the new stock to see whether Eckhard Pfeiffer can bring about the merger without problems, and help the DEC portion of the company achieve its 7% profit margin goal. Excuse my ramblings, Charlie.