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To: Dusty Vestal who wrote (12514)4/17/1998 1:59:00 PM
From: PsycProf  Read Replies (1) | Respond to of 27968
 
Dusty and All:

I have been watching ATXI for the 15 minutes or so since that press release. So far, not much volume but all that has been traded has been one (bid) sell after another.

Did this backfire on them?



To: Dusty Vestal who wrote (12514)4/17/1998 2:00:00 PM
From: JIN CHUN  Respond to of 27968
 
Bid on ATXI still dropping. BTW, I'm not sure b/c I haven't consulted my notes, but I don't think that their pretax income will qualify.

Jin.



To: Dusty Vestal who wrote (12514)4/17/1998 2:03:00 PM
From: Double Dipper  Read Replies (1) | Respond to of 27968
 
Dusty,

I'm not concerned about Myriad PR. That is a done deal. I just
know that the current management is trying to ward off this
merger but the majority shareholders of Atrix will force it
on them. People losing jobs etc. This is not a deal killer, IMO
just makes the shareholders on both side a bit anxious. Worse
that can happen is we lose several weeks of planning and negotiations.
And, we have to wait for a new NASDAQ shell to be merged into. If
I know IRA, he probably has several alternatives already on file
waiting to use if needed. As I have said before, Atrix is
first, convenient, saves time and expense. But are not the only
game in town.

Kevin