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Technology Stocks : SmartFlex Systems (SFLX) - Blitzkrieg or Sitzkrieg?
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To: JDN who wrote (828)7/7/1999 11:04:00 AM
From: Ian@SI  Read Replies (1) of 848
 
Why run away so fast?

Unless I'm missing something, you can have $10.50 Cash next week for your SFLX shares. They're selling at a 10% discount to that today.

Where else do you have an almost zero risk 10% return almost guaranteed. And that return will occur in less than 3 months.

[closing is not next week, tender is next week]

Shares were trading at 3 last week. Most shareholders will willingly accept $10.50

I just can't see any risk that this deal won't happen at the offered price or better. And it doesn't appear that a better price is going to appear.

Ian.
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