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Technology Stocks : Able Telecom (ABTE)
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To: Rob L. who wrote (41)12/4/1997 6:32:00 PM
From: stockvalinvestor  Read Replies (1) of 700
 
There are two reasons why it hasnt gone up higher. First, is that there is still a great deal of uncertainty about the deal and second the deal is 100% in stock. Deals in stock always have larger spreads then all-cash deals. It does look interesting at 9 1/2 though for a nice 30%.
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