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Technology Stocks : ATC Communications ATCT -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Parker who wrote (2578)	6/11/1998 7:44:00 PM
From: Northern Marlin	Read Replies (2) \| Respond to of 2636

Jeff, Where in the S-4 does it say that the merged company is issuing 70 million additional shares? Please tell me the page number. And I would like to ask another question of the thread in general, and specifically to those of you who have yet to vote your shares. It seems obvious that ATCT is in need of cash, even though it appears that they are on the brink of profitability. So, if the merger is voted down, how does ATCT get access to cash? With an equity offering? By borrowing from their bank? If the merger is approved, IQI's banks have already committed to providing cash to the merged company. Plus the new company will have the backing of Thayer Capital, an outfit with considerably more finan- cial power than ATCT. I'm inclined to vote in favor of the merger, in spite of the large debt and IQI's dependence on AT&T for so much revenue. The only thing stopping me is that I still haven't received my proxy from my broker. It's frustrating that others have already voted their shares while I'm still waiting for the package to arrive. Phil