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Non-Tech : MAT - Mattel - toysRthem -- Ignore unavailable to you. Want to Upgrade?

To: Stuart Scolnik who wrote (489)	3/1/2000 3:25:00 PM
From: John Finley	Read Replies (1) \| Respond to of 706

I am boiling over in anger. Stuart, what was the offer? I forgot. Did they cancel the offer? If they didn't at least you didn't keep the shares. First I'd call the SEC. So far I'm not impressed with tender offers. Once you commit you're locked in, however the offerer can cancel if it's not profitable at the time. Maybe a few class actions would make this practice unprofitable? JF

To: Stuart Scolnik who wrote (489)	5/13/2000 2:25:00 AM
From: Peter Speyer	Read Replies (2) \| Respond to of 706

The MAT tender offer was allegedly a fraud. Big and little investors appear to have been ripped off, as Carnegie Investment Management took the tendered shares and never paid for them. They used the MAT stock as a huge margin collateral, and traded in tech stocks, apparently not very adeptly. They have now declared bankruptcy. An interesting article by Dan Colarusso appears in TheStreet.com, using the link below. I'm sorry for you Stuart--I hope you recover some of your money. Good luck. thestreet.com