Vari-L (VARL) Message Board

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Technology Stocks : Vari-L (VARL)

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To: akmike who wrote (2511)	9/16/2000 2:55:28 PM
From: Bosco	Read Replies (2) of 2702

Hi all - have you folks received a tender offer note from an outfit called "Sutter Opportunity"? What a gas! As if VARL shareholders didn't get scrwed enough of time, this guy wanted 250K of your shares for $3. Yep! You could have sold it in the spot* market for more. To be certain, VARL is not alone being exploited by this kind of tender offer scheme. Awhile back, WSJ mentioned someone [not sure if there are the same set of individuals running the exploit,] they would send letters to shareholders to existing shareholders of good companies [one comes to mind is a sc company making WD40,] making tender offer below market price. The sad thing is that it got some shares [don't ask me how!] or the result of the news caused the stock to drop. best, Bosco

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