Bolt, Beranek & Newman [BBN] Message Board

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Technology Stocks : Bolt, Beranek & Newman [BBN]

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To: Judy Muldawer who wrote (212)	4/30/1997 1:26:00 PM
From: Ish	of 307

Judy, So nice to have a woman's opinion. Someone who bought in at $15 must be happy. To shake out the truth we must look for the money. This whole rumor was started by Charles Payne - see post 204 - and now there are rumors of AOL and A.H. Belos being players in this game. Until there is a public announcement it is all speculation. If a bid of $26 is made it can be rejected. If management accepts $26 then look for Golden Parachutes and a lawsuit from Roy. I would like to see a bid of $26 and have it rejected. That would at least put a valuation on BBN higher than $15 [remember last week?]. Sometimes bids are made and rejected, raised, new players,raised again. This requires the shareholders to trust management not to take a fat bonus and sell out too cheaply. If I may regress, I recall 5 or 6 years ago, BBN was going for 4 bucks a share and it was rumored IBM was interested in buying BBN. Rumor, just like now. 3 weeks BBN went from $4 to $10 to$4. Someone, not me, made money on this rumor too. BBN is up 7/8 now so maybe some legs to this. If this $26 figure was Gospel, wouldn't BBN be $24 or $25? Sorry to ramble, Bill

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