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


To: Jack T. Pearson who wrote (25748)5/8/1998 6:19:00 PM
From: jim kelley  Read Replies (1) | Respond to of 97611
 
Jack,

CPQ has 7B and DEC has 2.7 B. They have to payout 4.5 B to buy DEC and 2 B now for layoffs and 1.3 B later for more layoffs.
The calculation goes

9.7 - 6.8 = 2. 9 B

If they payout another 2 B for stock buybacks I dthink that leaves
them with .9 B to run this baby Huey of a company.

Remember no earning next quarter.