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Technology Stocks : Globalink (GNK)

GNK 20.21

-6.0%

Feb 4 3:59 PM EST

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To: margaret foley who wrote (138)	7/24/1998 9:09:00 PM
From: margaret foley	Read Replies (2) of 159

$6.16 on HIGH--$5.04 on LOW Globalink negotiated a transaction that will provide stockholders a price of $6.16 on the high side (LHSPF at $64.50) and $5.04 (LHSPF at $52.65)on the lowside. If LHSPF does not change over 10% in either direction the merger price for the stock is $5.60. It closed at $4.62 on 7/20. Please take a look at Lernout and Hauspie, they are a good fit for GNK and their stock has certainly performed over the last two years, the IPO was $11.00 per share in 1996 and it trades in the $50 - $60.00 range after a 2 for 1 split in April 1998. Microsoft is also invested $45 million (8% stockholder) in LHSPF this year. I hope this helps. Attached is the GNK press release.

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