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Technology Stocks : Silicon Graphics, Inc. (SGI)

SGI 84.64

0.0%

Nov 20 3:59 PM EST

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To: David Mosley who wrote (3196)	10/27/1997 12:47:00 AM
From: kormac	Read Replies (1) of 14451

David, Would be kind enough to answer me the following question. I have never before owned shares of a company that is being taken over. We will know today after the bell if this is the case for SGI. Say the offer price is $26. What is the best strategy for me as a shareholder. Is the stock price likely to move to say $25 7/8 That is will it get to within a trading cost of the offer price. Or are there rules that only share holders on record as of today say will be able to sell their shares to the Co taking over SGI. If there is to be stock swap then I suppose it will also be sufficiently attractive that it is best to stay put. Thanks in advance Seppo

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