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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.01150.0%Jan 13 12:06 PM EST

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To: Kerry Lee who wrote (403)9/29/1997 2:38:00 PM
From: Tim Kenney   of 3376
 
>Looks like he'll be buying the shares for an average cost of $6 from some VC/fund.<

He is buying the Linder Funds' stake. Carl Linder has been disenchanted with his stake for awhile--who can blame him. Nothing would help the company more than Allen bringing in fresh blood. I wonder how much it will cost to get rid of the current management (i.e. golden parachutes or poison pills in place?).
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