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

To: rupert1 who wrote (60243)	5/1/1999 7:00:00 AM
From: rupert1	Respond to of 97611

Post Scriptum: Have a look at the Yahoo board. Houston TV reported as saying that 250-300 lay-offs from COMPAQ in Houston this weekend. If part of the planned 15,000 from the DEC merger or what rudedog termed an "additional" 1,500 announced at the time of earnings - no problem. If new and unexpected (which one poster says) then this will mean more one-time charges, some initial confused sentiment (maybe one of the reasons for the sell-off on Friday) but ultimately positive reaction from Wall Street on the grounds that the Board is cutting fat. If new and unplanned, then I would have thought the Company should have made a formal announcement. So be cautious in interpreting it!