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

To: Night Writer who wrote (45086)	1/26/1999 12:10:00 AM
From: Steve Dietrich	Read Replies (2) \| Respond to of 97611

"If they spin off AV to the public, the share holders won't get the stock. It will go to the good buddies and mutual fund clients of the investment house / broker doing the IPO. True the money from the IPO will go into CPQ's treasury. However, the money would not represent the potential wild market value of an Internet company. The resulting impact on CPQ share value would amount to zip." It would be less than zip. Compaq wouldn't own AV anymore, Compaq wouldn't have one of the best portals on the net. Share prices would fall. No? Steve