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Technology Stocks : Align-Rite Int'l (MASK) Undervalued compared to PLAB DPMI
PLAB 23.75-2.2%10:19 AM EST
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To: Carl R. who wrote (369)1/10/2000 9:36:00 PM
From: Bookdon   of 388
 
My concern is that the longer this drags out, the more that can go wrong. MASK has missed its numbers two quarters in a row. The terms can be changed again.
When the deal was first proposed, MASK stock-holders would have gotten 1 share of PLAB for each share. Now (even with the higher dollar value) they only get 0.85 shares. If this doesn't close soon, it could be 0.75 shares.
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