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Technology Stocks : NEXTEL
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To: jimmyo who wrote (8999)4/7/1999 12:23:00 PM
From: Arnie Doolittle  Read Replies (3) of 10227
 
jimmyo, a hostile takeover won't work because CM and MOT control the whole shebang. A quick review of the 10K reveals that the the board of directors is controlled by the board's operating committee. And guess who controls the operating committee? It ain't the outside directors.

Look for the whole deal to fall through unless CM is in SERIOUS need of $$$ for Teledesic.

Arnie
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