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Technology Stocks : Enterprise Informatics -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (2343)	4/6/1998 11:06:00 AM
From: jackhach	Read Replies (1) \| Respond to of 13797

Michael, I agree with you -- I think partnerships/M&A must make strategic sense for OTEXF and others. ALTS technologically is not a perfect fit. I suspect that OTEXF would be chasing the customer list in ALTS not the technology/applications. Any useful technology that ALTS has to offer would be gravy. They also can get ALTS for $40/50 million or so, whereas they might have to pay twice that amount for a company with a more complimentary strategy/market penetration. I do not beleive that finance at OTEXF did anything covertly/overtly at OTEXF accept raise a specific amount of money that they felt they needed in order to acquire the target(s)they had in mind. Actually, they likely just raised a few dollars more then they feel they will need -- the less warrants issued the better. They are not going to dip to deeply into operating capital of $20 million or so. So their target(s) has to be around $45 million, maybe $50 million. GEAC's Stephen Sadler is head man on this one. GEAC buys companys for themselves or, very often, for others that are typically running into unusual/untimely difficulty. They act as a liason on many transactions. They clean-up/sterilize the transcation to make them both publicly and financially more palatable, and of course ultimately lucrative for them, the client buyers, and sellers. Ultimately, we should all be certain at this point that ALTS is for sale. The company does not have a pot to piss in, and is facing legal wranglings. Fun, fun, fun till your daddy takes the T-Bird away... "IF" any sale is true; this can only mean one thing: The price could easily double from its non-trading price of $2.16. How is that for speculation! This should give pause to determined sellers...