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(a)earthlink.net>
To: <classiccmp(a)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(a)rddavis.org
wrote:
> Quothe Joseph.Pollizzi(a)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