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: B.REVERE who wrote (28882)	11/19/1997 12:37:00 PM
From: Schmedley	Read Replies (1) \| Respond to of 31386

Re: Reuters"....Amati ended the agreement with Westell, paying a $14.8 million break-up fee to the telecommunications equipment maker, Texas Instruments said." AMATI paid for the breakup!!!!!! Sounds like someone would prefer to keep the bidding open. I said it last time, I'll say it again. This is just the opening bid! Schmedley

To: B.REVERE who wrote (28882)	11/19/1997 12:40:00 PM
From: Joe Griffin	Read Replies (1) \| Respond to of 31386

Bruce, I disagree! Here are some considerations which CAN affect Westell. Do you see the market buying Amati out at $30? Or, will the TI offer stand at $20? This gets complicated because of the Westell strategic relationship with TI but may not have with any other potential suitor.. Does Westell get any assurance that TI will "protect" Westell's interest by uping the ante? Probably not. As a Westell shareholder I am concerned that this could happen... Westell gets $14.7 M and is left out in the cold by NOT getting the strategic relationship it so desperately sought! What is the value of the "breakup" payment to Westell by TI if they don't succeed? What happened to that "shelf" offer that Westell applied for earlier ... for acquisitions? Was this in anticipation of having to bid on Amati at a higher price if TI deal does not go through for them?