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Non-Tech : Amati investors
AMTX 1.690+2.7%Nov 26 3:59 PM EST
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To: MangoBoy who wrote (29371)11/25/1997 7:59:00 PM
From: Richard D  Read Replies (2) of 31386
 
[Other bidders]

If TI was the only bidder (and a low-ball one at that!) preceding a Westell win, it doesn't look good for another bidder jumping in at this late date. The options market certainly believes the story is over. On the other hand, now everyone knows that TI thinks highly of Amati and its technology, and those threatened by TI owning the intellectual property may step up to the plate to take a swing at Amati. I suspect that these low-ball bids happen all the time and are merely a matter of feeling out the acquiree. When push came to shove, TI paid what it took to block a Westell win.

Regards,

Richard
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