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Technology Stocks : Identix (IDNX)
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To: R. Jaynes who wrote (12794)3/19/1999 4:33:00 PM
From: jean  Read Replies (2) of 26039
 
Rick... There is no SEC requirement once the intent to buy/merge is announced publicly. Nevertheless, in the last cc, I think we got a hint as to what may be going on and why. I believe our own HockeyFan a.k.a. JSaf asked if personnel from IDX and IDT were now working together, making joint sales, etc. Fowler started to reply and then said something to the effect that he was getting signals from the attorney that suggested he should shut-up. All he would say was that conversations were occurring. No comments on sales, deals, etc. I take this to mean that while it's not against the law, if Fowler said something that then didn't materialize, or if the buy itself went sour, the vulture Learchs would be all over it. Another law suit... IMO, nothing will be said until the last "i" is dotted and the SEC has approved. Jean
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