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


To: robbie who wrote (24629)4/20/1998 6:16:00 PM
From: Matt Kaarlela  Read Replies (2) | Respond to of 97611
 
Regarding GM-compac deal:
Let's just assume for sake of argument that the systems are mid-level Deskpro 4000 w/PII-300 that retail for $2000. Discount the price to $1500 and assume 8% margin after discounts. That equates to :
$120/unit or $20,400,000 profit against quarter.

Not an earth shattering amount but surely enough to register. Could be much more or less but good to hear positive news from this one.

Riddle: what goes down when a stock's price goes up?
Answer: Interest in pursuing an unfair trading lawsuit...