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Technology Stocks : GSCN - General Scanning -- Ignore unavailable to you. Want to Upgrade?

To: Sultan who wrote (164)	1/6/1999 3:25:00 PM
From: BMcV	Read Replies (1) \| Respond to of 167

Whether the deal goes through or not, I think GSCN is a good general technology play. The only risk I see would be if the deal fell through because of GSCN's patent problems. But I don't see that happening. The story was out before the merger was announced, so presumably the management of Lumonics looked into the matter pretty closely before deciding to go ahead with it. And GSCN management said that revenues related to that particular patent were just a couple percent of their total business. (Take a look at the protagonist in that suit, ESIO, if you want to see the possibilities of a successful company in this industry.) This morning Lum.To was up another point and change, now up $0.90 cdn to $10 even, which (x 1.347 x .6566) yields a conversion target of $8.85 USD, still a 5-7% discount. If GSCN is up because it's tracking Lum.to, why are they up? Any ideas?