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Politics : Ask Michael Burke

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To: Bald Man from Mars who wrote (31715)	8/27/1998 7:04:00 PM
From: PaperChase	Read Replies (1) of 132070

>>How about the arbitrage play between ALA and DIGI<< Bald Man, I thought the premium ALA paid for DIGI was ludicrude. I couldn't believe the news especially when ALA said DIGI was going to be accretive to earnings going forward. All the while, DIGI's sales were down year-over-year and they were incurring losses on mature technology that was second rate. OK, I'm done venting <G> I think the arbitrage play is over since the deal has been approved by Digi shareholders and both stocks have fallen considerably. The streets of the world now recognize that DIGI will hurt ALA 's earnings and that ALA overpaid for it.

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