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Subject: DECnews/Robert B. Palmer Addresses Digital Stockholders
Date: Thu, 5 Nov 92 11:55:53 PST
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                                              Digital Equipment Corporation
                                          Maynard, Massachusetts 01754-2571
Editorial contact:

Joyce Radnor
(508) 493-6045





                     ROBERT B. PALMER ADDRESSES

             DIGITAL EQUIPMENT CORPORATION STOCKHOLDERS


. . . announces timeframe for new organization; reinforces return to 
profitable growth . . .


BOSTON, Mass. -- November 5, 1992 -- At Digital Equipment 
Corporation's 1992 Annual Meeting, President and CEO Robert B. 
Palmer told stockholders that he expects to restructure the company 
into business units and announce new managers for those units before 
the end of the calendar year.  Palmer also reinforced the company's 
intention to return to profitable growth through continued 
investment in core competencies and ongoing restructuring and cost 
reduction plans.
     "To enhance our focus on customer needs, we will structure 
ourselves into a limited number of customer-focused business units," 
Palmer told stockholders.  "These business units will be focused on 
providing solutions to their customers. They will have responsibil-
ity for business strategy, investment, revenue generation, and 
profit and loss.  I expect to announce these business units and 
their leaders before this year is out."
     Palmer highlighted customer focus and Digital's core 
competencies -- services, software, networking, storage and silicon 
-- as areas for continued investment as the company returns to 
profitable growth.  "Focusing on customer needs, investing in open 
systems, and working with our partners to provide complete solutions 
are all designed to generate more revenue," Palmer said.  Palmer 
assured stockholders that within the next 12 months, they will see a 
company that is easier to do business with, has a more focused 
engineering effort, delivers open systems with unquestioned 
commitment, and has a clearer, simpler and more focused vision. 
     In the formal business meeting, the company's stockholders 
elected three Directors to each serve for three-year terms.  The 
Directors elected are Colby Chandler, 67, retired chairman and CEO 
of Eastman Kodak Co.; Arnaud de Vitry, 66, an engineering 
consultant, and retired chairman and CEO of Eureka SICAV, a French 
investment company; and Thomas P. Gerrity, 51, dean of the Wharton 
School of the University of Pennsylvania.  In addition, the 
stockholders ratified the appointment of Coopers & Lybrand as 
auditors for the current fiscal year.
     Digital Equipment Corporation, headquartered in Maynard, 
Massachusetts, is the leading worldwide supplier of networked 
computer systems, software and services.  Digital pioneered and 
leads the industry in interactive, distributed and multivendor 
computing.  Digital and its business partners deliver the power to 
use the best integrated solutions - from desktop to data center - in 
open information environments.
                                ####

CORP/93/878
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