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Technology Stocks : Merant - MRNT (formerly MIFGY)

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To: Ian Burton who wrote (199)8/26/1998 5:28:00 PM
From: 45bday  Read Replies (1) of 461
 
I am in ISLI not MIFGY but curious if the recent drop in MIFGY signals a feeling that the deal will not be approved by the isli shareholders given the current conversion price of 18 or so. It's tough to tell in this mkt. but todays 2+ pt drop was somewhat dramatic. Perhaps MIFGY shareholders are switching to ISLI anticipating the 3 pt spread to narrow over the next few weeks which is adding to the sharp drop in MIFGY. Your thoughts appreciated along with others on this thread which i have not read in depth. - Another question might be why buy MIFGY now when ISLI would appear to be a better play. Thank you.
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