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To: Mark[ox5] who wrote (8873)	3/29/1998 8:58:00 AM
From: Buster	Read Replies (1) \| Respond to of 27968

Markox, This is just a theory but maybe Ira never intended to file a 10K for Fahm for 1997. If he mergers with Atrix, Fahm becomes a totally new reporting company. The new company which is still Atrix would continue to file on a regular basis. Atrix would just include the added shares and assets of Fahm but not all the historical information that Fahm would have to report if they filed their own 10k. Comments anyone. That post by Atrix was a killer. Ira should have not said anything about the merger until all parties signed the contract. Oh well. Buster

To: Mark[ox5] who wrote (8873)	3/29/1998 12:06:00 PM
From: Jamie Orr	Respond to of 27968

Thanks Mark for keeping the credibility issue alive. Without financials, it's all you have to go on. Remember people, unless they're privy to insider information, most investors don't reward hostile takeovers. Anything that smacks of a fight involves a period of uncertainty and that makes people nervous. Did any of you follow Applied Magnetic's bid to takeover Read-Rite last year? It was originally tendered as a friendly merger, but as soon as Read-Rite's management decided to fight it, Applied Magnetics lost 30% of their share price in a matter of days, and never bounced back. (BTW, Applied Magnetics was a darling of many analysts before the acquisition attempt, but never again since then.) Be careful out there. I suspect that many of the people trying to put a positive spin on this fiasco are trying to buy time while they dump their shares. Just my opinion. Jamie Orr