ANTEC Corp. (ANTC) Message Board

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Technology Stocks : ANTEC Corp. (ANTC)

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To: Mark Oliver who wrote (297)	4/14/1998 12:45:00 PM
From: Mr. Happy	Read Replies (2) of 847

Anixter owned 100% on Antc and has been selling out of their stake for years. They were on record saying that they wanted to sell all non core holdings - they sold stock in two blocks (it is a matter of public record) and this takes them out of their stock entirely. The buyers were various institutions at the firm that crossed the stock. ANTC had 39,329,289 as of the proxy I got yesterday, so this is additive to the tune of 10+%. TCI was, to my knowledge, never going to be a seller of their ANTC stake. As to why they bought now, maybe we will get more information on Thursday after the earnings and conference call. I hope you bought stock yesterday, I did.

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