NovAtel - Global Positioning Systems Message Board

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Technology Stocks : NovAtel - Global Positioning Systems

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To: swrdfsh who wrote (141)	4/16/1998 3:55:00 PM
From: David Rubin	Read Replies (1) of 191

You have no details about the Marconi deal. Don't think for a minute that they paid $10.90 in cash with no "special clauses." The language of the deal could be such that the payment is dependent on a certain percentage above the average stock price over a period of time. Or there could be some other fine print that favors Marconi. There may be a rebound, but I don't think it will be any time soon. At best NovAtel will be in the 5-7 range for quite awhile. Why sit with dead money in such a great bull market? Given past history with this company, I have zero faith in management. Good luck to all the longs. I'll be waiting for the class action suit to materialize.

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