Synetic Inc. (Nasdaq: SNTC) Message Board

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Biotech / Medical : Synetic Inc. (Nasdaq: SNTC)

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To: Michael Olds who wrote (21)	6/21/1999 5:08:00 PM
From: Michael Olds	Read Replies (1) of 34

Unlikely story. But interesting thought. My guess is SNTC has just about hit bottom right now. Anyone waited this long to get out isn't paying attention. This is from Yahoo; in response to the dire prediction that the stock will go down to $45 now that the IPO is out. If Sell Off Brings SNTC Down To $45 by: iam4green 625 of 625 If your prediction comes true, the deal could be in jeopardy. The S-4 defines the purchase price ("Exchange Ratio") based on the average SNTC stock price in a 10 day trading period ending three days before the MMGR shareholders meeting. If the average SNTC price in this period is between $67.20 and $56.00, the exchange ration floats to result in a $42.00 stock price paid for MMGR stock. If the average price is below $56.00, a .75 ratio is fixed, but more importantly, I understand MMGR has the right to back out of the agreement. So, your prediction, if correct, could complicate this deal and damage SNTC's and CARI's market capitalization. There press release said the meetings are scheduled for July 23, 1999. I can hear the calendar pages turning now.

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