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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: kenneth kountz who wrote (7290)10/24/1997 8:24:00 PM
From: bill c.  Respond to of 21342
 
Kenneth: I didn't get that impression from Gary during the merger conference call. The merger is the best thing for both companies. I think this deal to going to become final regardless of the stock price.... until later.



To: kenneth kountz who wrote (7290)10/24/1997 9:45:00 PM
From: Charlie Smith  Read Replies (1) | Respond to of 21342
 
kenneth:

There is no "collar" on this deal. We now know, given the announcement of the $5 million loan, that Amati's value ex the DMT line coding technology was minimal. That is why Amati will go forward with this deal even if WSTL goes to $8.

Regards.