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Technology Stocks : Frontier Corp. (FRO) Takeover candidate @ $47?

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To: Dave Williams who wrote (8)6/28/1996 5:46:00 PM
From: kblaine flaherty   of 13
 
Dave,

believe me i am diligently trying to get to the bottom of this deal, my company has over 84,000 shares that we were anticipating to sell, we are NOT going to sell those shares until i have uncovered some additional info on this buyout rumor. i spoke to my contact in tyler texas and he will be speaking to the vp of frontier this weekend, my suggestion to everyone is not to buy this stock on the takeover speculation and only as a stock that you wouldn't mind having in your portfolio, if the buyout happens well thats gravy. my company has had our shares for years and will keep them until i have uncovered the rest of the story, we have about $1.4 million (84000*(47-30)) at stake if a buyout occurs, if it doesn't frontier is a good investment anyway.

i will keep you posted

blaine

btw i don't know that much about the telecom industry so any comments that i would make on wcom wouldn't be of much help, sorry.
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