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Technology Stocks : Netgateway - NGWY

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To: Bill Schrader who wrote (8)8/30/1998 3:54:00 PM
From: john david martin  Read Replies (1) of 66
 
I would think that it is a pretty good bet that the deal will be consummated and lock ADMR into the NGWY price. The question is WHEN, right now it appears that not very many people believe it or you would see ADMR selling @ 3 1/2 not 2. The deal is contingent on when they get NASDQ listing and that is difficult to predict, how long has ADMR been talking of listing and then finally gave up. One thing that bothers me is usually both stocks will lock immediately on agreed price and this one has not, obviously some doubt of the acquisition remains but why not more volume on ADMR they should be some insider buying and they should be spreading the news. The reason I believe it will happen is because NEGWY price has held up when small stocks have been hammered down and that is the only thing that could cancel the acquisition. Of course I am assuming NEGWY has qualified to be listed in all other requirements and no other problems exist. I believe when they give some news about listing you will see an immediate coupling to NGWY at 3 to 1.
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