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Technology Stocks : General Instrument Corp.'98 (GIC) -- Ignore unavailable to you. Want to Upgrade?

To: John F. Dowd who wrote (424)	8/27/1998 8:23:00 AM
From: John F Beule	Read Replies (1) \| Respond to of 615

Re: selling of Forstmann shares. Kudos to these guys. I wish I were so fortunate to invest a mint in 1990, and have it be worth 6x's more today! They have earned the right to take their money off the table. These guys are LBO specialists, they will have PLENTY of opportunities after this meltdown to buy a bunch of companies....cheap. Regarding any dilution, TCI has first right of refusal, so it could be a non-issue. I'm willing to bet TCI takes the whole amount for the voting power.