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Technology Stocks : Bolt, Beranek & Newman [BBN]

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To: Jim Hott who wrote (295)5/22/1997 6:23:00 PM
From: Ish   of 307
 
Jim,
Just got a poster from GTE. They are netting in a big way, explains why they wanted BBN. Best I could get from the buyout package was that
as/of 6/9/97 BBN will cease to exist. BBN shares will be void and only valuable as collectors items or fire starters. You will be issued chits for $29 for each share of stock.
I got my package yesterday so you should get your's soon. Looks like BBN management made out like teenagers in a Van, your option doesn't
have the same look of satisfaction.
Bill
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