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To: jbn3 who wrote (40776)5/7/1998 11:22:00 AM
From: Mohan Marette  Read Replies (4) | Respond to of 176387
 
CPQ/DEC layoff and write off.

jbn3,

That will be interesting to see how this termination of 15000 employees will affect the cpq's earnings,incremental or one time. For one thing the write-off will be quite hefty,probably +500 million dollars easy.Whether they write it off against CPQ or DEC [will that really matter for the new merged company?] I think the earnings will severely impacted.Mason and gang will surely find a way to do some funny stuff with the numbers,I am sure.



To: jbn3 who wrote (40776)5/7/1998 11:23:00 AM
From: Gabriel008  Read Replies (6) | Respond to of 176387
 
Uh, Oh! This was posted on another thread & knowing that's in our collective best interests to stay apprised of the latest news & keen insight of other posters I felt obliged to share this with you [vvbg].
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