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

To: MrGreenJeans who wrote (2098)	11/17/1999 8:02:00 AM
From: David Wiggins	Respond to of 3175

I disagree regarding the good deal at any price, MGJ, Remember that the key is not what Mannesman will be worth, but what a VOD share will be worth relative to a Mannesman share. I think the number 0.43 VOD for each Mannesman has been offered. In the future, it is my contention, that if this deal does not go through, that ratio will turn decidedly in VOD's favor making a deal that much easier. Furthermore, even without a deal VOD might find a way to get the upper hand in France and stick it to Mannesman there just for fun <ggggg> This might encourage THEM to play fair on the rest. Right now, VOD is dealing from a position of weakness, they need to have the upper hand to make negotiations work for them - what I have suggested is a couple of the many ways they could achieve this, one more of course being playing the greed card 'giving them the farm' IMHO, their WORST alternative. Regards, Dave Regards, Dave Regards, Dave