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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: James L. Fleckenstein who wrote (8558)1/15/1998 4:27:00 PM
From: John  Read Replies (2) | Respond to of 10836
 
If BORL continues to fall VSGN might consider backing out of the merger - I am not sure what options both sides have in this reguard.

This happened to me recently in another stock I owned. GTIS was at 12 3/8 and announced a takeover of MPRS with a .7 stock conversion ratio - the deal was originally worth 250 million. GTIS started falling and when it dipped below 7 after a few months, both sides backed out of the merger.

JV.



To: James L. Fleckenstein who wrote (8558)1/16/1998 12:16:00 PM
From: David R  Respond to of 10836
 
I was out of the office yesterday, and missed the cheaper opportunity. I pickup 10 today at 5/8.