Edify (EDFY) IPO -- Any Comments? Message Board

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Technology Stocks : Edify (EDFY) IPO -- Any Comments?

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To: mark who wrote (336)	8/18/1999 5:22:00 PM
From: Austin S.	Read Replies (1) of 355

My understanding is that SONE's purchase of EDIFY involves a 3:1 stock deal. Is this correct? If so, why aren't folks snatching up EDFY right now, which amounts to about a $3.00 discount compared to buying SONE for $37 x/x per share. And, why in the world was EDFY down a fraction today when SONE was up a fraction? Doesn't make sense to me. Shouldn't they move up together?

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