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Technology Stocks : Learmonth & Burchett Management Sys. - LBMSY -- Ignore unavailable to you. Want to Upgrade?


To: david decamp who wrote (67)1/6/1998 2:20:00 AM
From: Midas  Respond to of 81
 
What is the offer worth in dollars per share at the current PLAT
price?



To: david decamp who wrote (67)1/6/1998 10:00:00 AM
From: Midas  Read Replies (1) | Respond to of 81
 
On a quick calculation that's about $2.7 per share or $5.5 per ADR
which I guess is slightly better than they have been trading at for the last few months. However as a shareholder that seems to me to be a poor offer as I consider LBMS to be undervalued lately. I'll wait until I receive the full details of the offer and for any justification but my feeling is to vote against.