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.

Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?

To: Bernie Diamond who wrote (28826)	11/19/1997 9:52:00 AM
From: Jon I. Brolliar	Read Replies (3) \| Respond to of 31386

How does this affect GTE if at all. By the way, what are they going to do with all that cash they are sitting on from not getting MCI <G> JB

To: Bernie Diamond who wrote (28826)	11/19/1997 10:05:00 AM
From: Richard D	Respond to of 31386

[Well, it beats being poked in the eye with a pointed stick] If you look at trading today, there is a ton of shares cashing in at 19 9/16's. I bet Texas Instruments is buying all those shares since they will be at a discount to the merger. Someone big is because despite probably a million shares on the bid, the bid is not slipping downward. Possibly a big arbitrageur is of the feeling that 20 is merely a minimum bid for Amati. I tend to agree. We are certainly not getting less than 20, and perhaps another bid pushes it beyond to say 25 in a stock deal. There is no real reason to dump your shares unless you have some other bargain basement stocks you're eyeing. This has got to be good news for those holding November 15's and 17.5's (not me)! Regards, Richard PS On the bright side, we will likely surpass 30,000 posts before the end of the week. ;^) PPS. On the really bright side, it's nice to be able to tell Steve G. "I told you so!" after all that gibberish about Westell over paying for Amati. <G>