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Technology Stocks : EDS - Recent pullback a buy opportunity??? -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Liberty who wrote (1120)	8/7/1998 11:38:00 AM
From: mrknowitall	Respond to of 1841

So much for the theory of him showing up at Perot!

To: Daniel Liberty who wrote (1120)	8/7/1998 11:46:00 AM
From: bcroyle	Read Replies (2) \| Respond to of 1841

My goodness ! .05 per share ! that would be .05 * 500,000,000 (approx), or... $25,000,000. Les wins PowerBall !! Re: Les going to Perot. Ross will ask him, but I doubt Les will go there. He took it personally when Ross started Perot Systems, esp since Ross aimed PSC right at EDS. Mort took several years off after leaving EDS before returning to an executive role (he chaired the Dallas Symphony, advised Michael Dell, invested, advised, etc.). I would guess we'll see Les at his ranch for awhile, then see him heavily engaged in education issues in Texas and nationally, as this has been his focal point while with EDS (indeed, the priority community activity from EDS has been education: education outreach programs, the Jason Projet, Smithsonian, school partnerships, tutoring, etc... quite successful, and low-key... like Les). Speculation on replacement: outside is great; look to either someone from Europe or from the military. Europe because the growth for EDS will be outside the US and someone from Europe brings the relationships EDS needs to be more successful there; military because Dick Cheney is on the board of directors and can reach into that community and grab someone like Colin Powell (wild speculation on my part, only) or Creech (former Air Force chief of staff.. you saw his work on CNN during the Gulf War).

To: Daniel Liberty who wrote (1120)	8/7/1998 12:08:00 PM
From: Dave O.	Respond to of 1841

< <In addition, EDS announced that retirement arrangements for Lester M. Alberthal, Jr., the company's Chairman and Chief Executive Officer, will adversely impact earnings in the third quarter of 1998 by an estimated $0.05 per share, primarily attributable to vesting of restricted stock units previously granted, a five-year consulting agreement, and pension and other related benefits. > I thought the above was a joke, appended to the press release about the secondary. Impacting by 0.05 per share is ridiculous! I guess driving the stock from 58 to 36 since the splitoff has earned him this separation package. I thought we'd see a gap up, didn't expect this much. Now, if we can just get a few more press releases, maybe Heller decides to leave, Fernandes to follow him, ...... Dave