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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.71+0.1%1:13 PM EST

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To: Bill Harmond who wrote (48749)4/2/1999 2:54:00 PM
From: Lizzie Tudor  Read Replies (2) of 164684
 
William... question for you, since I know you have been in a few stocks that were acquired. One stock I hold has a tender offer outstanding from Paul Allen at 90$/share. The current mkt price for the stock is 130$. Nonetheless, they sent a schedule 14D solicitation statement to all shareholders with this tender offer. Of course no one is going to take it.... the agreement is mostly intended for mgmt to sell their shares to Allen, which has already occurred. Do you know if they have to send this statement to all shareholders legally? Because it is causing confusion. Allen has already bought on the open mkt and of course when the deal was announced it propelled the stock to above 90.
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