Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (40779)	5/7/1998 11:26:00 AM
From: Walt Corey	Read Replies (1) \| Respond to of 176387

Unless things have radically changed in the Boston market, there will be alot of unemployable ex-DEC employees. Particularly the older ones. It's a tough job market out there unless you are willing to work 70+ hours /week for under $60k/year.

To: Mohan Marette who wrote (40779)	5/7/1998 11:39:00 AM
From: Jack T. Pearson	Read Replies (1) \| Respond to of 176387

I read somewhere that the charge for the layoff of 15000 employees would be $2B.

To: Mohan Marette who wrote (40779)	5/7/1998 11:41:00 AM
From: Eddie Kim	Read Replies (2) \| Respond to of 176387

CPQ/DEC write off: What do you guys live in a hole? This is already old news: Digital said in a regulatory filing released Wednesday that while the exact amount of the restructuring costs is not known, management believes that the costs could range between $1.5 billion and $2.0 billion.

To: Mohan Marette who wrote (40779)	5/7/1998 12:53:00 PM
From: jim kelley	Read Replies (1) \| Respond to of 176387

Mohan, CPQ will have no profits this year. Their core PC business is no longer profitable and now they have to take a 2B write off. They will be underwater until sometime next year at the earliest. DEC had some 50 M in reported profits last quarter. At that level of profitability it could take them 20-40 quarters to pay for the write offs. Meantime, the margins on their enterprise business is being reduced by ~10% and they are losing revenue market share.