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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: Leroyt who wrote (17999)2/12/2000 7:49:00 AM
From: LiPolymer  Respond to of 21342
 
Leroy,

Been thinking a lot about this TLTN thing, too (about 25% of my WSTL position share-wise is in TLTN now).

I gotta think it'll go through without a hitch on both sides. We're past HSR waiting, so the gov't ain't gonna rain on the parade. The TLTN folks will vote "Yes", 'cause they don't want to see their shares go back to $20-$30. I gotta think MZ and the BOD asked the S&P Trust about their thoughts before popping the merger PR. The Class B Trust shares can out-vote the Class A Common if they so choose. In a recent PR it stated the Trust is currently planning on voting in sympathy with the Common, but it clearly indicated they don't have to if they see things a different way.

I think the Street is seeing the probability of the merger consummating is very high as well, hence the narrowing of the spread. Just hope TLTN ultimately comes up to meet WSTL's price, not the other way around. ;-)

Regards,
Gary



To: Leroyt who wrote (17999)2/14/2000 1:09:00 AM
From: P314159d  Respond to of 21342
 
>>any comments?

Gotta hate the CLECs a bit more based on that guys opinion.

I love the comment, " what? did you think they ( RBOCs) were just going to walk away from a $200 billion business? without a fight" -- paraphrasing of course.

Noo I didn't. Buying some instead.