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Technology Stocks : LHSP: Lernout En Hauspie -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Bob who wrote (1325)	7/21/1998 6:22:00 PM
From: Nick	Respond to of 2467

Web embraces language translation zdnet.com Nick

To: Dr. Bob who wrote (1325)	7/21/1998 10:29:00 PM
From: Goolie2	Read Replies (1) \| Respond to of 2467

The swap of L&H shares for Globalink is subject to a 10% collar. It's not a straight stock swap (the exchange ratio gets reduced) if L&H has better than a 10% run before the deal closes. At first glance I was considering buying some cheap GNK shares, but after reading the terms of the deal, L&H has plenty of outs, and also won't allow too much dilution of the shares. So in short, I'm glad I'm loaded up on L&H and have no GNK shares. Goolie2@aol.com