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Technology Stocks : BLUE WAVE SYSTEMS-BWSI A comer in telecom

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To: jbkelle who wrote (161)4/9/2001 9:45:28 AM
From: Christopher Brainard  Read Replies (1) of 170
 
jbk, What a difference a day makes ... TODAY they love MOT again! This market is so nutty, the whole BWSI deal places a $135 million bottom to the amount MOT must pay for the company. The only thing the swings in MOT should do is cause a change in the stated .39 conversion ratio. But BWSI has been trading like the deal has the two stock prices linked together at the hip.

I am just shaking my head figuring someone knows something more about this deal than what is on the table currently. We are at too large of a discount to the $8 for this deal to be alive as advertised.

Chris ...
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