Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : HARBINGER (HRBC) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Redding who wrote (379)	4/6/2000 10:28:00 AM
From: James Strauss	Read Replies (1) \| Respond to of 402

HRBC & PRGN... Mike: It's a good deal... PRGN is strong in the infrastructure software area while HRBC is strong in B2B E-Commerce products... Together, they make a potent competitor in the multi trillion dollar E-Commerce and B2B area... This analyst recommendation came before the merger was announced... siliconinvestor.com The thing to do is hold on to HRBC until it stops going up... Then cash out and buy PRGN at the discount... Jim

To: Mike Redding who wrote (379)	4/6/2000 12:48:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 402

Harbinger stockholders will get 0.75 shares of Peregrine for each Harbinger stock they hold. Peregrine Systems said it expects to issue about 36 million shares in exchange for Harbinger's shares outstanding. Mike: I read it the same way... .75 x 58.00 = $43.50 The only sticking point is the stock for stock portion of the deal... That tends to be dilutive for the Acquiring company... A cash deal would have vaulted the HRBC shares immediately into the lower 40's... The 21.00 drop in PRGN today is just about the cost of the deal, 2.1 billion... Unless this deal falls through, holding on to HRBC is the best choice right now... Jim