RE: Interesting News..

• "Miller, Jay" <JayMiller_at_TDWaterhouse.com>

> More agreement. How many companies did AT&T buy only to drive them into
> the ground? How much advantage did Compaq take of the impressive Alpha
> technology? These mega mergers rarely produce anything much.
> Unless the HP strategy is to run Compaq's product line into the ground so
> more people turn to the HP products. That one might work...

The manglement who nearly drove IBM to extinction went to DEC, which promptly went from #2 to dying to dead, purchased -- along with their exec's -- by Compaq that is now being swallowed by HP. Notice that a Compaq exec will be CEO of the joint arrangement. Best guess from history will be that the new crew will manage to break HP. Either HP will end up spinning off its computer division amid major losses to Sun in a few years or the computer division will drag down the rest of a [rather profitable] company with it.

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Steven Lembark                                               2930 W. Palmer
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Author: Steven Lembark
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