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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: BuzzVA who wrote (17356)7/24/1998 10:24:00 AM
From: Patrick Sharkey  Read Replies (1) | Respond to of 29386
 
management has to pay fair market value -- i.e., the price at which the current shareholders will tender their stock, and only after full disclosure of everything that makes the company valuable, including the offer price or discussion price posed by a potential purchaser, full disclosure about MKII, the facts behind the NDAs, where possible OEMs truly stand -- everything. The rules concerning disclosure in a going private transaction will not be the same as the rules governing periodic disclosure to the market,; in my view, much more detail would be required since management would be sitting there buying shares having nonpublic, material information at their fingertips, while current shareholders would not have that same information.