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Technology Stocks : TCOMA
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To: Anthony Wong who wrote (611)7/14/1998 4:32:00 PM
From: John F. Dowd  Read Replies (1) of 663
 
Malone is trying to get better terms. He got caught off guard by the arbs. He should look for a cash kicker as the arbs will knock down the price of T further if they improve the swap ratio.

JFD
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