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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: James Fink who wrote (5742)5/5/1998 6:00:00 PM
From: MangoBoy  Read Replies (2) | Respond to of 12468
 
WCII and ARTT: why 14.9%?

back after ten days offline.

just got off the phone w/ ARTT; they have no comment on WCII's actions. i think the reason WCII acquired only 14.9% of ARTT is that 15% is the magic threshold for ARTT's shareholder rights program ("poison pill"). when i figure out exactly how that program is structured i'll report back here with a summary.

mark