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


To: Pauline Starkweather who wrote (23142)3/24/1998 12:34:00 AM
From: ed  Read Replies (1) | Respond to of 97611
 
It is a good sign that Satyr covered its short, it indicated that the short started to feel the heat.
In today's trading, CPQ closed at the high, and the short is in a hurry to cover. The quiet period is over, and we may get more and more news regarding the merger.
The merger will result a 20000 lay off eventually. Some will leave voluntarily before the
merger really take place, small lay off (1000 to 2000) may already started , and when
merger is settled, 5000 to 10000 may have been off the pay roll !!!!