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

To: Stephen who wrote (27435)	6/11/1998 5:44:00 PM
From: Wowzer	Respond to of 97611

I don't know, the press release clearly states the combined company will report breakeven. I hope I am reading it wrong as well. Rory

To: Stephen who wrote (27435)	6/11/1998 5:59:00 PM
From: Wowzer	Read Replies (2) \| Respond to of 97611

My rough calculation looks like CPQ will have a .12 loss on operating basis if it was to report by itself. This is how a calculated it: DEC was estimated to report $1.22 on 147.4 million shares or $179.8 million. The $179.8 million into CPQ's $1.53 billion shares outstanding is approx $.12 cents. However, breakeven results on a operating basis is probably bogus to begin with since companies have a tendency to bury everything they can in the those "one time" charges that seem to appear every quarter. Rory