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


To: Eddie Kim who wrote (21535)3/12/1998 12:46:00 AM
From: Seyda  Respond to of 97611
 
Eddie and Loki, is this the post you are looking for?..

This was in the DEC thread.
------
To: William L. Vu (3007 )
From: Robin Davey
Thursday, Mar 5 1998 2:59PM EST
Reply # of 3046

William,

I'm glad to hear I'm not the only one that thinks the DEC shareholders are being robbed. It really burns me to keep reading that Compaq is paying $9.6B when in reality it is only the cost of printing up a few new CPQ certificates and about:

$4.50B Compaq cash
- 2.00B DEC cash on hand
- .70B Intel cash from settlement
- .45B Cabletron cash
==========
1.35B real cash

Now if you also take into account the $.8B cash discount coupon also coming from Intel, they're really getting DEC for about $3.50/share.

They need a 2/3 majority vote to pull it off and if Compaq keeps falling far enough they may not get it.

Robin