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Non-Tech : Amati investors

AMTX 1.610

+0.9%

3:10 PM EST

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To: B.REVERE who wrote (28882)	11/19/1997 12:40:00 PM
From: Joe Griffin	Read Replies (1) of 31386

Bruce, I disagree! Here are some considerations which CAN affect Westell. Do you see the market buying Amati out at $30? Or, will the TI offer stand at $20? This gets complicated because of the Westell strategic relationship with TI but may not have with any other potential suitor.. Does Westell get any assurance that TI will "protect" Westell's interest by uping the ante? Probably not. As a Westell shareholder I am concerned that this could happen... Westell gets $14.7 M and is left out in the cold by NOT getting the strategic relationship it so desperately sought! What is the value of the "breakup" payment to Westell by TI if they don't succeed? What happened to that "shelf" offer that Westell applied for earlier ... for acquisitions? Was this in anticipation of having to bid on Amati at a higher price if TI deal does not go through for them?

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