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Conference 7.286::digital

Title:	The Digital way of working

Moderator:	QUARK::LIONELON

Created:	Fri Feb 14 1986
Last Modified:	Fri Jun 06 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	5321
Total number of notes:	139771

2097.0. "Digital Bonds" by ASDG::FOSTER (radical moderate) Fri Sep 11 1992 13:48

    I have heard that Digital has contacted the SEC to get approval for a
    $1 billion bond offering. What I want to know is whether DEC'ies will
    get first dibs on the bonds in an arrangement similar to the ESPP.
    
    Anybody know?

T.R	Title	User	Personal Name	Date	Lines
2097.1	A bit premature	SWAM2::MCCARTHY_LA	They gave me the Digital salute!	`Fri Sep 11 1992 15:08`	14
	Digital filed papers that allow the Corporation of issue bonds if and when Digital decides there is a need to. It's probably not known outside of the Executive Committee and/or BoD IF there will ever be such an offering, much less when, and less than that, if employees would get any kind of special treatment. On the other hand, given the kind of "treatment" employee benefits have received lately (to quote another noter: "Flush"), we'll probably be allowed to purchase them at 10% over market value with cash only, by appearing in person at some remote location between 4:00 and 4:15 a.m. local time, provided nobody else in the world wants them. No receipts or certificates will be provided for employees, in order to keep costs down. :-)
2097.2	Measure twice...	ALAMOS::ADAMS	Gone fission.	`Thu Sep 17 1992 04:34`	8
	I was about to write: 4:00 to 4:15? Hey, that's during work hours! You want 'da bonds, do it on your own time! Then I saw the 'a.m.'... --- Gavin
2097.3		BSS::CODE3::BANKS		`Thu Sep 17 1992 15:46`	13
	RE: <<< Note 2097.2 by ALAMOS::ADAMS "Gone fission." >>> > I was about to write: > > 4:00 to 4:15? Hey, that's during work hours! You want 'da bonds, do > it on your own time! > > Then I saw the 'a.m.'... Remember that some people (in the CSC's for example) are working at those hours... - David (who doesn't have to work those hours :-)