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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (16825)	10/13/1998 7:58:00 PM
From: hung wood	Read Replies (1) \| Respond to of 120523

Hello Everyone: WAXS been beaten down... But the interesting thing is today WAXS announced of the merger plan with TELC. "World Access pay a minimum of $12 for each Telco share in cash and stock" biz.yahoo.com So TELC is $9 7/8 today, is it due for an adjustment to be near $12?? Is there more down risk for WAXS??? or is it in the best interest of the company to have the stock price higher so that they can acquire TELC with less of their shares and cash??? Can some one find the unusualness in this deal ?? Or can there be other complication ?? I appreciate your comments. Thanks...