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

To: robbie who wrote (22832)	3/21/1998 10:54:00 AM
From: Larry J.	Read Replies (1) \| Respond to of 97611

"European panel queries Compaq-Digital merger" (San Jose Mercury News, 3/21/98) Compaq Computer Corp.'s $8.35 billion plan to buy Digital Equipment Corp. could face a challenge in Europe, where regulators are likely to widen their inquiry into the deal. The deal, the computer industry's largest takeover, is already under scrutiny by antitrust officials in Washington concerned about the impact of the deal on competition in the U.S. computer hardware industry. If the European commission, which enforces antitrust policy inside the European Union, decides to launch a full inquiry, the takeover could be delayed until at least mid-summer. The commission is investigating whether combining Compaq with Digital will limit rivals' access to the burgeoning European market for personal computer services. The commission is expected to disclose early next week whether it will extend its deadline for a decision by four months. lj