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EDS Merger Is Deja Vu for H-P Investors

Stock quotes in this article: HPQ , EDS , IBM , ACN , CSC , DELL  

SAN FRANCISCO -- Wall Street loves to second-guess Hewlett-Packard's(HPQ Quote) mega-deals.

The company's shares plunged 35% in the weeks following the announcement of its intention to acquire Compaq for $25 billion in stock in 2001, as investors questioned the wisdom of combining the two PC makers.

And H-P's move to acquire technology services firm EDS(EDS Quote) for $13.9 billion on Tuesday -- its largest deal since Compaq -- did not play much better among investors. ...

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