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

To: JW@KSC who wrote (20430)	2/9/1998 11:52:00 AM
From: bronco2	Respond to of 36349

CPQ recently agreed to acquire DEC for approximately 10 billion. I wonder if they could not swallow another large fish so soon, but according to the following businesswire blurb, maybe they could. >"The DEC acquisition will be financed with a combination of $4.8 billion in cash and 150 million shares of Compaq common stock. Pro forma combined cash balances in excess of $8.5 billion provide adequate liquidity, even after the potential for cash restructuring costs, which Standard & Poor's has assumed will likely be required. Compaq's balance sheet and cash flow characteristics should remain very strong, despite Digital's lower profitability levels." Maybe 3 billion for pairgain would be chump change, especially since the margins in pairgains products are much higher than DEC's. I'll be happy to tender my shares to CPQ for $40 a share. Please don't wake me from my dream..........sleeeeeeeepppppppp.