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Technology Stocks : INEL - Inteligent Electronics ? -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (215)	3/5/1998 8:47:00 AM
From: Alec Epting	Read Replies (1) \| Respond to of 234

$7.60 in all cash transaction.

To: James Strauss who wrote (215)	3/10/1998 8:54:00 PM
From: MikeD	Read Replies (2) \| Respond to of 234

Jim, a quick newbie question RE: INEL stock price. The offer by Xerox was for $7.60 and the current ask is $7.03. Is this being done to keep the stock attractive to buyers knowing the cap of $7.60 will yield +-8%? Is there a possibility of shareholders voting the offer down? If so would the price decrease? I'm in under 6 and have a nice profit but will hang with it if I can squeeze another 8% by waiting till the buyout. I mean 8% IS 8%. Thanks Mike