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

To: James Guse who wrote (30242)1/10/1998 12:10:00 PM
From: Bernie Diamond  Respond to of 31386
 
(tendered shares)

Jim, Since you tendered your shares by the deadline, you have received $20/s about Dec 29th. Those that did not tender, mostly because they wanted the sale in 1998 for tax purposes, are still holding their shares pending a proxy by TI (who now own 78% of Amati) to buy their shares at $20/s, or they can sell at the market price.

Your broker is correct and you have a 1997 taxable event since you no longer own Amati.

Good trading,

Bernie



To: James Guse who wrote (30242)1/12/1998 3:51:00 AM
From: pat mudge  Read Replies (1) | Respond to of 31386
 
James --

If you tendered your shares, yes, you will have a 1997 tax event. Only by not tendering could you be thrown into the "second stage merger" and have a 1998 tax event.

Regards,

Pat


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