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Technology Stocks : Wi-LAN Inc. (T.WIN)
WILN 1.3900.0%Sep 18 5:00 PM EST

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To: donkeyman who wrote (1023)11/14/1999 6:43:00 PM
From: Don MacKenzie  Read Replies (1) of 16863
 
Donkyman, regarding your question about Wi-Lan's potential price. I think one of the reason's that we haven't been bought out is the asking price. I suspect that offers have been made but the asking price has been in excess of $100/shr perhaps even $200/shr or more.

It seems to me that we are getting great exposure in Europe and the east. Because we are a Canadian company we have a lot of resistance in the US, as they find it hard to believe that anyone else can have superior technology. That resistance will weaken when the need to make $$$ becomes paramount. While CISCO talks the talk Wi-Lan walks the walk. It's only a matter of time (not long) that an offer of the right price may very well come in.

Personally I think Wi-Lan can succeed on the track they are on. We can use a good alliance with a major but personally I'd like to see my Alberta company stay an Alberta company.
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