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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Clayton who wrote (16304)2/3/1998 10:16:00 AM
From: Mohan Marette  Read Replies (2) | Respond to of 97611
 
Clayton:allow me to highlight the point,once more!

'It will help that Compaq cannot be accused of over-paying: with DEC's $2 billion in cash, another $1 billion after further asset sales and a $3 billion tax loss to carry forward, the deal will immediately be good for shareholders.'

If only the morons on wall street would realize this.



To: Clayton who wrote (16304)2/3/1998 5:13:00 PM
From: William Hunt  Respond to of 97611
 
CLAYTON
The deal will be acreative to earnings in the third qtr of this year ( 1998 ) '
Three bumps before this will happen :
1) The layoff of 10-15000 people to bring the company to a productive size
2) One billion writeoff charge for the layoff's in the second qtr
3) culture's clash - this has not been a problem for EP in the past -do it my way or hit the road

BEST WISHES
BILL


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