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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

3170.0. "Friends and Family? (MCI cleared to buy DEC stock/assets)" by PARVAX::SCHUSTAK (Join the AlphaGeneration!) Wed Jun 15 1994 12:49

    Posted in the Digital_investing conference was a copy/excerpt from 
    a federal filing clearing Anti-trust for MCI o acquire some portion of
    the voting stock of Digital.
    
    Thought I'd see what the commentary would like like in here 8-)
    
    
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3170.1CSOA1::LENNIGDave (N8JCX), MIG, @CYOWed Jun 15 1994 13:085
    FYI - It clears purchase of either voting stock _or_ assets.
    
    ie, it could be clearance to purchase a DEC business component.
    
    dave
3170.2MCI purcasing accounts rec'able??USCTR1::JHERNBERGWed Jun 15 1994 19:136
    
    MCI cleared to purchase either voting stock or *assets* and 
    rumors of DEC selling accounts receivable....could there be
    a connection there???
    
    
3170.3HANNAH::KOVNEREverything you know is wrong!Wed Jun 15 1994 19:3311
Does this mean we'll get Candice Bergen as a spokesman? :-)

How about a variant of the MCI ad, where there is a line-up and 
Candice tells how each is guilty of not saving money on long distance.

This could be redone with a line-up of computer purchasers,
guilty of not buying the fastest computers. 

Actually, if MCI wants any part of DEC, likely candidates are networks and
our video servers. These would fit in to MCI's business or future businesses,
and help them compete with ATT.
3170.4AKOCOA::BBARRYLaudabamusne RexWed Jun 15 1994 19:355
> Does this mean we'll get Candice Bergen as a spokesman? :-)

    	She'd prolly want to be spokeswoman :-)
    
    /Bob
3170.5Sprint - Not MCISWAM2::WANTJE_RAWed Jun 15 1994 19:373
    She also speaks for Sprint, not MCI.
    
    rww
3170.6QUARK::LIONELFree advice is worth every centWed Jun 15 1994 20:493
We'd get Anna Paquin, instead...

		Steve
3170.7WMOIS::CONNELLI will do thee mischief in the wood.Wed Jun 15 1994 20:583
    Maybe we'll get Candace Bergen and Dan Quayle doing ads together. :-)
    
    Phil
3170.8*** GOOD GRIEF ***ODIXIE::SMITHJThu Jun 16 1994 04:386
    Is this private or can anyone create a useless, senseless rat hole? Not
    only does the company direction seem to wander aimlessly without
    direction but also this conference. You couldn't keep this bunch on a
    subject with blinders and a guide rail. What ever happened to
    insitefull clear thoughts carried hopefully to a meaningful conclusion.
    I'm out of here!!
3170.9SQF Jambo #1KIRKTN::CPATRICKTurn the lighs,back onThu Jun 16 1994 04:413
    re-1
    
     bye bye
3170.10Digital > MCI > BT (I don't think so)DELNI::HICKOXN1KTXThu Jun 16 1994 11:325
    
       I heard somewhere that some of MCI is being bought out by
    British Telecom, (maybe its the Digital part !) :-)
    
                         Mark
3170.11BHAJEE::JAERVINENOra, the Old Rural AmateurThu Jun 16 1994 13:023
    British Telecom is indeed investing in MCI (old news) as well as France
    Telecom and German Telekom are investing in Sprint (20% if I remember
    correctly).
3170.12MCI-Digital vs. Sprint-EDSVFOVAX::OBRIENIgnore that man behind the curtain!Thu Jun 16 1994 13:2710
    British Telecom purchased (or is in the process of) a 20% interest in
    MCI for about $4 billion.  MCI needed to expand its international
    offerings to compete better with ATT in the Euro. Comm.  Interestingly
    enough, Sprint just announced a similar arrangement with the
    equivalent of BT in Germany and France.
    
    I work in what is left of the old MCI District, doing consulting
    services for MCI as part of Digital Consulting.  IMHO, MCI may be 
    showing interest in purchasing Digital Consulting given the on-again/
    off-again romance between Sprint and EDS.
3170.13DPDMAI::ROSEThu Jun 16 1994 15:576
    RE: Sprint and EDS
    
    This one is off...  definitely off.  At least for now.  Egos got in the
    way.
    
    ..Larry
3170.14real newsLGP30::FLEISCHERwithout vision the people perish (DTN 223-8576, MSO2-2/A2, IM&T)Thu Jun 16 1994 20:5454
Subject: Digital Equip Said In Talks To Sell Data Network To MCI -Sentinel DOW S
tory
Source: DowVision-Dow International-DI
Size: 1437
From: sentinel@olympia.zko.dec.com

           Sentinel Delivered by Groupware Advanced Development:
        DIGITAL INTERNAL USE ONLY BY INFORMATION PROVIDER AGREEMENT:


  BOSTON (AP-DJ)-- Digital Equipment Corp. (DEC) is negotiating with MCI
Communications Corp. (MCIC) to sell its high-speed internal data network
to MCI, Digital insiders said.
  The computer maker is talking with MCI's Metro unit about a sale
arrangement of Digital's fiber optic based network, which links Digital
offices, manufacturing and research sites around New England. Digital
apparently would buy service from MCI while MCI would be able to pump
other data traffic through the lines.
  The expected sale is one of the first moves by Digital to sell assets to
raise cash. It hasn't said what other units may be for sale, though
analysts have speculated that some chip-making facilities or software
product lines could be on the block.
  A Digital spokeswoman declined to say what the sale to MCI might bring,
but the relatively small size of the network suggest a sale won't solve
Digital's cash needs. It is valued at more than 15 million dlrs, the
threshhold requiring a Hart-Scott-Rodino filing with U.S. regulators. Such
a filing is expected.
  Digital's board is meeting today, but insiders don't expect an immediate
announcements of further actions. As reported, the board is putting
together a sweeping restructuring plan that could include dismissals of
another 20,000 people, or nearly one-fifth of the work force, in an effort
to rebuild a competitive cost structure.
  (END) AP-DOW JONES NEWS 16-06-94
  2044GMT
% ====== Internet DOWvision Codes
SentinelID: 771799491
MessageSeqNum: 4671
Storydate: 06/16/1994
Headline: Digital Equip Said In Talks To Sell Data Network To MCI
MsgDate: 06/16/1994
ProductCode: DI
TransmissionTime: 1644
DisplayTime: 1644
OperationClass: N
MessageType: N
TempIndicator: P
NewsSource: FW
OriginalSource: T
AccessionNumber: 199406164671
categoryCompany: DEC MCIC
categoryIndustry: I/CPR I/LDS I/TLS
categorySubject: N/EWR N/INV N/TNM N/WER
categoryMarketSector: M/TEC M/UTI
categoryGeographic: R/DC R/MA R/NME R/US
3170.15NETRIX::thomasThe Code WarriorThu Jun 16 1994 21:125
Personally, I find this idea to be very very stupid and shortshighted.
The talk about selling the DLN (digital lightwave network) has been around
for months.  We have one of the best fiber infrastructures in the 
Northeast, we need more bandwidth for our internal network.  A 
perfect match.  So we sell it and rent it back???