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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Aug 4 2:00 PM EST

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To: Chris Nevil who wrote (440)4/16/1997 11:42:00 PM
From: 4-UR-Eyes-Only   of 920
 
Why would a company proceed a merger when its stock was at almost
52-week low? TO MAXIMIZE SHARE DILUTION? It is so absurd that I really
doubt the competency of the CFO/VP-Finance who allowed this to happen.
(I'll remember never to hire this CFO/VP-Finance to work in the Finace
Dept. of my company!!!)
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