Computer Sciences' Destiny

Any fund manager can see the benefit of eliminating tech problems.

Perhaps that's why Computer Sciences(CSC Quote), the computer outsourcing company rumored to be in the process of a buyout, is so attractive. The company provides a service that would enable managers to do their jobs and leave IT issues up to someone else.

CSC continues to move Friday on reports that it could be acquired by the private equity group Blackstone and computer giant Hewlett-Packard(HPQ Quote). While the cash generated by CSC makes the company particularly alluring for a buyout, potential integration problems at H-P might not make the acquisition a good idea. ...