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

To: Midas who wrote (69)	1/6/1998 10:27:00 AM
From: david decamp	Read Replies (2) \| Respond to of 81

At initial prices, the offer may seem low. However, you have to look at PLAT's stock performance (barring the dismal showing today, down 1 3/8 at the moment) over the last year. They have regained credibility on the street after years of losses due to acquisitions, and have a tremendous amount of upside. As part of PLAT, LBMSY shareholders will be able to enjoy the ride up on PLAT, which as an entire company has much more upside than LBMSY alone. Just look at the valuations of PLAT's peers (e.g. CPWR, BMCS, CA) to get an idea of what PLAT's share price could be given their renewed focus on profitability. Just a thought or two for you all. I fully expect PLAT to hit 35-40 during 98, and maybe higher. That would certainly make the deal pretty sweet for LBMSY holders. Dave