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Technology Stocks : LARSCOM......A Less Risky IPO (LARS) -- Ignore unavailable to you. Want to Upgrade?

To: Tulvio Durand who wrote (762)	3/22/1998 8:05:00 PM
From: joseph burns	Read Replies (1) \| Respond to of 990

Now lets get some answers on the NetEdge acquisition since the electronic filing was made this week. First off Netedge had to get a buyer since the company was in need of cash and most surely leadership. I only briefly read over the NetEdge filing for last quarter, but after the comparison at the end when the total assets of Larscom was shown before and after the acquisition; assets before were 84 million and after 83 million??? Seems that Larscom stole Netedge or am i missing something?? While looking at the NetEdge filing for their last quarter as a company, the company most surely had to sell (or sink)......and the company had a private offering only months before?? Anyways, if i recall, Larscom paid about 26 million and took the debt....but still the last lines showing assets has me wondering. Lars actual books look very good and only the cash is down (especially understanding they paid cash) but true assets are about the same, which looks like they got NetEdge for nothing?!? Could CEO Soon have played the better hand while also getting into the hot ATM Market? Can Lars turn this acquisition into a positive, productive thing? I would like to know exactly what Lars did to the white collar establishment at NetEdge....I hope they got pink slips! BUT my main inquiry is DID LARSCOM GET NETEDGE FOR ALMOST NOTHING SINCE ASSETS REMAINED THE SAME?? The recent increase in buying may have been because of this release.