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Technology Stocks : Raptor - Where does it go NOW? -- Ignore unavailable to you. Want to Upgrade?

To: Ben Wong who wrote (612)12/13/1997 1:49:00 PM
From: Bosco  Respond to of 652
 
Ben & all - the 1st prediction (dissident shr hldrs) has materialized. Don't think they ve enough muscle though even if there is a proxy fight, so it is purely posturing. The dissidents best hope is convince AXNT to sweeten the deal or find their own white knight to force the hands of RAPT and AXNT boards. There is only a slight possibility for the deal to fall thru.

In any event, it seems that it is better to hold RAPT than AXNT.

rgds Bosco



To: Ben Wong who wrote (612)12/16/1997 11:58:00 AM
From: Srivaths Srinivasan  Read Replies (1) | Respond to of 652
 
Ben:

1) Do you have any additional details on the law suit. Breach of fiduciary responsibilities seems rather vague

2) From a shareholders perspective IMHO it appears to me that the RAPT board accepted some rather mediocre terms from AXNT, with no premium at all. Will want to know their reasoning for this

Srivaths


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