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Technology Stocks : Telxon (TLXN)

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To: Jatin Kadakia who wrote (31)2/27/1997 10:27:00 PM
From: James Petersen   of 378
 
Jatin,

I have no inside info so I don't mind wishful thinking out loud.

The reason I believe they'll do something with Aironet is that they have really so much as said so over the last few months. Another reason is I think they need cash for whatever new things they're up to with their recent buy-in to Price or whatever it's called. I doubt they would let go of more than 49%.

By the way (I just recalled) if you have access to (Library) last weeks or the week before Barrons you will see a story about Telxon and they talk about the value of Aironet. In fact it's a pretty good write up and should be interesting to you.

I do own some convertibles so I keep tabs on it. I know of some orders to buy that aren't getting filled because there isn't any available at this price.

Hold your breath for Friday.... let's see how badly the NASDQ gets bled.
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