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Technology Stocks : USA/Lycos
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To: Sam Citron who wrote (40)3/9/1999 4:21:00 PM
From: Sam Citron  Read Replies (1) of 47
 
I'm out. I figure that David Wetherell's resignation from LCOS board yesterday means he may now pursue other means to oppose the merger. I do not think Diller has sold the deal to LCOS shareholders, including most institutional investors. He wants to buy the company but says it is not worth the prevailing market price. That sounds a little bit strange to me. It is even more bizarre that he managed to win over Bob Davis.
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