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


To: Satyr who wrote (23546)3/27/1998 6:48:00 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 97611
 
to all . . . Boy, McCoy sure knows how to crash a party. Get your hat back EP!

Serious question! I've got an old 486DX, win 3.1 and want to get a better, faster, bigger, newer (ie CPQ) box. :)
I will be using this mainly for stock trading, tracking, charts, etc, and will also use spreadsheets and wordprocessing (ie WordPerfect; with win 95/98, probably MSFT office). Want lots of disk space and memory w/expansion capabilities, zip-drive, and all that neat stuff for DVD, etc.
What should I get??!! Should I hold off til win 98 comes out, or buy now cheap and upgrade?
Obviously, I'm not a techie, so keep it in layman's terms, please.
Can you guys give me suggestion? BTW, I am partial to CPQ.

Thanx in advance, Challo

PS. Just heard on CNBC that the sky is falling! Oppenheimer analyst said (and I quote) that "THE BULL MARKET IS OVER ! ! Maybe not on Monday, but within the next few days."

PPS. Maybe I don't need a new computer after all <VBG>



To: Satyr who wrote (23546)3/28/1998 9:34:00 AM
From: Roads End  Read Replies (1) | Respond to of 97611
 
Satyr....Barrons has an interesting piece today regarding the CPQ/DEC deal. Tried to copy it out but can't and you can't link unless you have a subscription.
Westchester Capital has a merger fund and the two fund managers are the subjects in the interview. They have put a high probability of success on the merger and a completion date some time in May. They further state that management of both companies are highly motivated to see the deal through. Their calculations for the deal place a value for Digital at $55 1/8. That puts the value of CPQ at $26 9/16. If the other players in the arbitrage game have similar valuations we may not see much movement for CPQ from the current level till the deal is done. I'm wondering if it would make more sense to own Digital for now? I know just about nothing with respect to arbitrage so all comments are encouraged.
Steve