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Technology Stocks : Vodafone-Airtouch (NYSE: VOD) -- Ignore unavailable to you. Want to Upgrade?


To: David Wiggins who wrote (2063)11/12/1999 12:44:00 PM
From: MrGreenJeans  Read Replies (4) | Respond to of 3175
 
Dave

Later on, they could come back and get Mannesman when the valuations have returned to normal.

Vod-Ati have looked at all the options. The immediate problem here is that Mannesmann will not stay independent. If Vod-Ati do not move now perhaps SBC or WorldCom at some date will move on Mannesmann. I think this is the precise reason why a Vod-Ati Mannesmann bid is coming sooner rather than later.

The Vod-Ati management team has decided that a Mannesamann bid is immensely more profitable at this point for the various reasons discussed on this board. Vod-Ati issued a statement this morning basically stating "they are exploring their options or relationship with Mannesmann strategically..." this means a bid is near.

Keep your seat belt on!