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Technology Stocks : Avalon Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: equalizzer who wrote (753)	12/18/1998 2:47:00 AM
From: Eric Fader	Read Replies (1) \| Respond to of 1530

Good answer, EQ. As a lawyer with a corporate/securites background and some minor experience with corporate restructurings, valuations and fairness opinions (on both sides of a "going private" transaction involving a difficult-to-value OTC-BB company), I agree that a major law firm wouldn't want to issue a demonstrably incorrect, contrived or poorly substantiated fairness opinion. First, the two sides' law firms' respective opinions will be wildly at odds. It also does the company little good because it's an invitation to a lawsuit by angry shareholders of one company or the other. I fully agree with the remainder of your post, as well. --Eric