Destruction of DEC

From: Owen Robertson <univac2_at_earthlink.net>
Date: Wed Mar 20 17:38:32 2002

on 3/20/02 5:23 PM, R. D. Davis at rdd_at_rddavis.org wrote:

> Quothe Joseph.Pollizzi_at_encompassus.org, from writings of Wed, Mar 20, 2002 at
> 03:45:49PM -0600:
>> Hewlett-Packard and Compaq Computer Corporation have announced that they
>> both believe that they have enough shareholder votes to approve the merger.
>
> DEC's destruction began when DEC was palmerized into a ghost of it's
> former self and sold into slavery to Microsoft. Then much damage to
> this once great computer company, DEC, was done by Compaq (a wannabe
> computer company that never made real computers, and destroyed an
> acquisition, DEC, that did), and, now, this appears to be little more
> than the nails being hammered into the coffin of what was once Digital
> Equipment Corporation.

I thought the $9.6 billion DEC acquisition in 1998 was supposed to be a
merger, the product of which would be the second-largest computer company in
the world. Four years later, it doesn't look like it worked out that way. HP
is going to acquire Compaq, even though a lot of the shareholders are
against it. Will HP do to Compaq what Compaq did to DEC? If they do, somehow
I doubt people will miss Compaq like they do DEC.

--
Owen Robertson
Received on Wed Mar 20 2002 - 17:38:32 GMT

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