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Digital Equipment Corp. (stock price drops on overestimation of earnings) (Debriefing: Takeover threats)
Digital Equipment Corp.'s
Digital Equipment Corp.'s stock slid last week when it announced that analysts had overestimated the company's quarterly earnings. Analysts had been counting on earnings to be reported for the quarter ending June 30 in the range of $1.55 to $1.80 per share but have revised that figure down to $1.25 per share. …
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