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Technology Stocks : FORE Inc.

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To: Charlie who wrote (12294)4/27/1999 1:00:00 PM
From: jas cooper  Read Replies (2) of 12559
 
...if FORE will keep trading past Friday?

Definitely! They'll set a date by which, if they get the required percentage of shares (90%?) tendered, they will pay the remaining shareholders $35.

You'll get a packet with all the fine print, and instructions on how to tender your shares (if you decide to do so).

If enough people don't tender their shares, well, then we revive the thread to discuss why we got screwed again. Some people may think the deal is not good enough. Some may want a stock deal (for tax reasons). If the deal was assured, FORE would be trading at $35 now.

All the while the stock keeps trading. I think I saw trading in XYLN, which closed weeks ago, right until last week.

jas.
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