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Technology Stocks : Telxon (TLXN) -- Ignore unavailable to you. Want to Upgrade?

To: James Petersen who wrote (316)6/3/1998 5:42:00 PM
From: Jatin Kadakia  Read Replies (1) | Respond to of 378
 
James,

See your back here. Took a buy-out offer to reach my 30+ target. Oh whatever, I took my money off the table at 35-1/2. Looks like a nice one for traders while the speculations are flying. I too believe that TLXN bosses will cave in if SBL adds a few more dollars to the offer. Will be very interesting. I think if SBL raised it some more and took it to shareholders, they may be able to get it done in 48-50 range.

Regards,

JK (posting again with no position in TLXN at the moment)



To: James Petersen who wrote (316)6/3/1998 7:40:00 PM
From: Wheats  Read Replies (2) | Respond to of 378
 
Hope you are right, but I get sick and tired of Companies not working in the shareholders best interests by accepting good offers -- $42 is a good offer IMO. Same thing happened to me on Mellon; offer was $90, the stock is now $66. How is this in my best interest? I believe that Company Management is more interested in preserving their own jobs at our expense. Hope I'm wrong.


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