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 : Seagate Technology - Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: Mark Madden who wrote (1829)	5/15/2000 3:10:00 PM
From: Mark Madden	Respond to of 1989

Here is a another Icahn deal in the making. biz.yahoo.com Nabisco was under $10 a share until late in March. It appears Icahn bought shares on the open market for much of his ownership and is now making a tender offer to gain more shares at $22 per share. We recently saw approval from the SEC for Carl Icahn to purchase more than $15 million or 15 million shares for other than investment purposes. I think the SEC said it would not be a conflict of interest. This action did not tell us he actually purchased shares but he may have purchased up to $15 million without SEC approval. Do I have this correct? Regards, Mark