Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SDNA who wrote (17882)	2/22/1998 4:37:00 AM
From: Mike Torrence	Read Replies (1) \| Respond to of 97611

To All: I am in Boston on business and read an article in Saturday's Boston Globe concerning DEC and its recent move to boost its layoff package. In the article it states that DEC has improved its layoff package so that maximally it provides 39 weeks of payoff for laid-off employees rather than the 12 weeks it provided before, making it the same severance package that an employee would have received from Compaq. The article further stated that this improvement in benefits was "part of the company's ongoing cost reduction efforts." According to this article 600 jobs have been eliminated so far this year. DEC spokespeople implied that DEC was going to offer this improved package regardless of the Compaq purchase but I wonder, and am led to believe that the lay off plan is being discussed currently between the two firms and that Compaq must have reviewed this new and costlier severance package before approving it. Since I am leaving Boston in a few hours it would be helpful if someone here who has access to the Boston Globe would keep an eye open in the direction of this paper to keep us posted on updates to this story. Thank you. Mike

To: SDNA who wrote (17882)	2/22/1998 7:31:00 PM
From: hpeace	Read Replies (2) \| Respond to of 97611

take the 38-39 billion and when that is reported in 1998 you will have almost 50billion for 1998. that is 2 yrs. early. cpq has to raise the bar to 60+ billon for yr 2000 now. what you left out was cpq's normal 25% growth . if cpq grows 29% then they have their 50 billion. I think cpq has another purchase left which gives them the 50b in 1998. although they could not consummate the deal on last major purchase to 1999.