Destruction of DEC

From: Richard Erlacher <edick_at_idcomm.com>
Date: Wed Mar 20 18:00:05 2002

It's more a question of whether Compaq will do to HP what DEC did to Compaq.
In either case, I'm glad I don' t hold any HP stock.

Dick

----- Original Message -----
From: "Owen Robertson" <univac2_at_earthlink.net>
To: <classiccmp_at_classiccmp.org>
Sent: Wednesday, March 20, 2002 4:38 PM
Subject: Re: Destruction of DEC


> 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 - 18:00:05 GMT