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Technology Stocks : Bolt, Beranek & Newman [BBN]

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To: Ish who wrote (275)5/17/1997 7:58:00 PM
From: Ish   of 307
 
Well, I'll reply to my self. My broker called and said GTE had a bid in for $29, straight sale, no commissions. From what I have gleened
[a midwest term for picked up] you can get $29 now or if GTE gets 2/3
of the shares, $29 at any time. No more, no less. OOPS, GTE has to own the shares by June 9, 1997. After June 9, They could dump all of their shares, what a mess. Market could move BBN up, rebid? second offer? GTE dump? $10/share- ATT $35/ share? My God Batman what do we do? Remember Ish needs to be on Prozac but I sold half and am waiting for June 9 for the rest. One dummy's opinion.
Judy and RRR55, I'll miss the posts. Lets find a good one next time.
Bill
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