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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.
ARMH 67.770.0%Sep 6 5:00 PM EST

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To: Ibnbatutaa who wrote (116)4/27/1999 4:08:00 PM
From: nigel bates  Read Replies (1) of 912
 
This should shake up the stock -

>>The board of ARM Holdings plc has noted the announcement of the recommended offer made by MSDW Investment Holdings Limited for Acorn Group plc. The board would like to clarify that ARM Holdings plc has no involvement in the transaction.<<

Acorn holds c.24% of ARM's stock (the reason for the offer). Don't have the details of the offer yet, but I suspect the market in ARM stock will become rather more liquid in the near future. Could be some short term weakness, but I'm confident for the long term.

nig
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