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Technology Stocks : Storage Technology- STK

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To: m33806 who wrote (497)	4/22/1999 10:54:00 PM
From: stock bull	Read Replies (1) of 560

M33806, re:<< The second move is the cream, EMC buys STK and its tape products for $45/share (3 x annual tape revenue of $1.5Mil. - CHEAP!!)>> why would Emc pay 45/share when the stock is trading at 18. Heck, they could buy 51% of the shares on the open market and take over the company. Of course, the percentage of the stock owned by institutions needs to be considered. Stock Bull

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