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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: cavan who wrote (104271)	4/30/2002 3:13:13 PM
From: vds4	Respond to of 150070

i see it all over the $2 spectrum

To: cavan who wrote (104271)	4/30/2002 3:16:47 PM
From: Buckey	Respond to of 150070

FOLks I didnt read the second paragraph. it is at 1.80 now Vicom Receives Buyout Offer Of $3.75 Per Share, Approximately $65 million, From The Amara Group, Inc. Vicom Receives Buyout Offer Of $3.75 Per Share, Approximately $65 million, From The Amara Group, Inc. MINNEAPOLIS, Apr 30, 2002 (BUSINESS WIRE) -- Vicom, Incorporated (Nasdaq:VICM), a Minneapolis based technology and entertainment content provider announced today that it has received an unsolicited offer to purchase the company for $3.75 per share from the Amara Group, Inc. Further, Amara has indicated, they own not quite 5% of the outstanding shares of the company at this time. The offer by Amara is viewed to be friendly at this time. The board of directors and management of Vicom are evaluating the offer and will respond in a reasonable period of time. James L. Mandel, Chief Executive Officer of Vicom stated "As a large shareholder in the company we respect and are taking the Amara offer very seriously. The board will undertake a complete review of their initial offer and decide whether to reject, negotiate or seek other offers." The Amara group offer consists of $1.25 per share in cash and a 7 year zero coupon note with a face value of $2.50 per share. The offer is conditional upon several factors including completion of customary due diligence by Amara, execution of definitive merger documents, financing and shareholder approval.