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


To: r laird who wrote (3084)4/3/1998 12:32:00 PM
From: Austin Franklin  Respond to of 3276
 
Palmer has never done anything for DEC since he took the helm. His purposes have been solely self serving. I believe he has netted quite a number of large bonuses by showing a 1Q profit/year... In his first year, he sold the disk drive division to Quantum to show a profit...and I believe he got his bonus (which I believe was 10M)... The board should have canned him years ago, and for that matter, the board should have been canned too. A company that has 13B in revenue making 275M in profit is ridiculous.