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To: David Wright who wrote (139465)2/18/2002 8:35:04 AM
From: H James Morris  Respond to of 164684
 
Oh great! Betcha the investors who paid $90 ps for Onis are excited about this deal.
BTW
Another Billy big "last mile" pick might be up for sale.
>>This week, optical switch maker Tellium Inc. (Nasdaq: TELM - message board) announced the appointment of Marc B. Weisberg to its board of directors (see Qwester Joins Tellium Board ). The addition of Weisberg, who has spent more than 25 years working on mergers and acquisitions, might be a sign that the company is shopping itself around.

“It definitely wouldn’t surprise me,” says Kevin Slocum, an analyst with Wit Soundview. “If I were in their position I think I’d be pretty worried.”

lightreading.com



To: David Wright who wrote (139465)2/18/2002 2:04:37 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Wow, not exactly the takeover premium investors dream of -- but it gets the point we were discussing here -- ONIS was not likely going to survive on its own.