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Technology Stocks : ACTM $100 Million Cable Modem Contract with MOT

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To: Rob Preuss who wrote (1028)6/24/1999 1:23:00 PM
From: jeffbas  Read Replies (1) of 1250
 
Took a look at the filing. I am shocked at what it will cost us:

"Transaction costs of approximately $5.5 million, including investment
banking, legal, accounting and printing fees related to the merger;"

but not including

"Consolidation and integration expenses involved in combining our two companies."

In other words between transaction costs and integration costs together, we are talking about at least a $.50-.60 non-recurring charge in the third quarter (and too little cash assets on the balance sheet, even if the Cortelco IPO goes off on schedule).
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