Breakaway Solutions Inc-(BWAY) Message Board

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Technology Stocks : Breakaway Solutions Inc-(BWAY)

BWAY 17.62

+4.4%

1:40 PM EST

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To: .Trev who wrote (140)	1/31/2001 10:03:16 AM
From: John Finley	Read Replies (2) of 178

Thanks for the article, Trev. The analysts are as confounded as we are <g>. One thing that strikes me is that (if the numbers in that article are correct) ICGE has 32%, can pick up an additional 17.4% cheaply, and then can buy into being the majority shareholder on the open market very easily. If I had to guess, I'd say that ICGE has convinced BWAY that if they go under tighter control and batten down the hatches with ICGE's "synergistic" (sorry <g>) other assets they will all be better off. It makes sense, I suppose, even if they are being awfully cryptic about it. I think you're right, Trev, about the closer linking of the two. I'm still going to wait to see what they say in Feb before I consider buying back any shares. JF

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