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Non-Tech : InvestRight Club Challenge
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To: Jeffrey L. Henken who wrote (2097)5/10/1999 1:08:00 AM
From: SteelerStu   of 2662
 
Jeff - I would like to sponsor ATEL via great DD from RCJIII -- ATEL recieved a bid from Sprint to be bought out at 6.50 but the bid stipulates that another offer may be entertained until 5-17-99 -- STRONG rumor is that MCI Worldcomm is going to make a counteroffer through private negotiations with the Board of Directors -- due to the time deadline this offer must be recieved within a week -- the rumored buyout is between $12 and $18 confirmed by industry insiders -- No downside here only HUGE upside -- current price is 6.719 x 6.875 ------ SteelerStu
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