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To: Ron Bower who wrote (913)8/25/1998 2:09:00 PM
From: peter michaelson  Read Replies (3) | Respond to of 1418
 
Ron:

Why would an acquisition be better than holding cash?

Having been in the acq. business previously, I know that acq.'s are as frequently negative as positive.

Wiser to hold off on investment until the macro picture becomes a bit clearer, e.g. post devaluation, if any.

Peter