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Technology Stocks : ANTEC Corp. (ANTC)

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To: MikeM54321 who wrote (719)10/19/2000 2:04:13 PM
From: Arthur Tang  Read Replies (2) of 847
 
I am basing on the 10q reports that I read and analyzed on the fly. Revenue were about $65 million per division or product classifications last year. Earlier this year they were up to $75 million per division.

The negative impact on the stock value currently, may be disapproval by Wall street. More stockvalue at the close of this merger may mean less cash is required. But the stockholders including AT&T may well approve the reverse merger. If the stockholders and NT all vote to get twice the number of shares for the new company, it will make sense with Wall street too. More stock will enable wider distribution. However, no investment bankers were mentioned to keep the valuation of the deal honest.

The initial stockvalue depreciation after the 2:1 split may be anticipated, but the lowering of cost of stock owned presently to the stockholders are welcomed. Not to mention that the shorts by market makers will be easier to recover.

Future earnings will propel the stockvalue according to the growth for the new company. I am confident that the growth will be good enough for all parties to be happy with the extra number of shares.
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