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Technology Stocks : Intersolv News

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To: Ian Burton who wrote (932)6/29/1998 4:04:00 PM
From: Arrow Hd.  Read Replies (1) of 1069
 
Ian, any information on the MIFGY annual meeting will be appreciated.
The delay could be linked to the acquisition which means it may be
in jeopardy. That is why the spread is so big plus the Arbs may
still be shorting MIFGY due to this spread. As an aside, if the deal
does not go through the Arbs will immediately unwind their positions
putting extreme pressure on ISLI so the short term risk factor is
high. The fact that MIFGY seems not to want to make any comment is
troublesome. Is this normal for them? Assume that what you heard
from FYI is correct (he has been very accurate in the past) how do you
view this merger from a MIFGY perspective? Thanks in advance for your
thoughts.
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