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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: biffpincus who wrote (31389)	6/29/1999 8:06:00 AM
From: JDN	Respond to of 31646

Dear Biffpincus: It is my understanding that REAL wanted the execs to have a stake in the new company. Fallon was the only one with a significant amount of stock (rest only have a heck of a lot of OPTIONS). So it appears they talked him into taking about 1/3 of his shares into the new company. Another interesting thing I noticed was that the number of shares the execs owned at the date of the announcement too 5/21 (voting date) increased a good bit. Looks like THEY were the buyers in order to pick up more YES votes and make an Arbitrage profit. JDN