SI
SI
discoversearch

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


To: Bob Walsh who wrote (3048)3/18/1998 8:55:00 AM
From: John A. Greenwood  Respond to of 3276
 
To all,

From InfoWeek's daily posting of top stories -

___ADP To Spend $100M On Digital Alpha Servers___
Not everyone is worried about the viability of the Alpha
chip.

Automatic Data Processing Inc. said yesterday that its
Dealer Services Group unit will shell out $100 million for
several thousand Unix-based Digital Equipment AlphaServers
and related services under a multiyear contract.

The ADP group is buying the servers to support more than
18,000 car dealers worldwide. The system will speed
processing of monthly sales reports, schedules, accounting,
inventory, customer service, factory communications, and
other processes. Dealers will be able to calculate vehicle
purchase prices on the fly, track monthly payments or lease
options, and locate parts from remote locations.

Laurie McCabe, an analyst with Summit Strategies in Boston,
says ADP's choice of Alpha isn't "crazy," even with Alpha
viability questions surrounding Compaq Computer's pending
acquisition of Digital. "They're sizing up the platform and
realizing that this is the best system for their needs,"
McCabe says. "There's a large installed base out there, and
nothing will happen to pull the rug out from everyone."
-- Martin J. Garvey

John



To: Bob Walsh who wrote (3048)3/18/1998 5:19:00 PM
From: sstockss  Respond to of 3276
 
VBG indeed!! Won't happen but nice thought to DEC holders. CPQ is a good company and hopefully will recover, this shortfall for Q1 was most unfortunate..maybe CPQ can add some dollars to the deal and up the 30 to something like 35 or 40. while reducing the share exchange to something like 0.80 shs of cpq for 1 of DEC?? Must be some formula that helps both companies out of this condition. I did not work or run the numbers, just thinking aloud.