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  1. Technology
January 13, 1988


By CBR Staff Writer

Ken Olsen has been much the most bearish among the leaders of the US computer heavyweights in the wake of Meltdown Monday, saying that while there were no obvious signs of deterioration of the business climate, DEC was already battening the hatches and setting cautious plans for 1988: now Morgan Stanley and Kidder Peabody have reportedly caught his mood and lowered their assessment of DEC’s immediate prospects, the news banging its shares $7.875 to $125.75 on Wall Street.

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