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Technology Stocks : SmarTalk (SMTK) -- Ignore unavailable to you. Want to Upgrade?

To: molemania who wrote (267)	1/19/1999 11:08:00 PM
From: ronco	Respond to of 283

Dave, For every buck you spend, we'll make 2 . . . Take a look at CMM with news out today who filed Chapter 11 back in October, just upgraded. And they didn't have an AT&T by there side handing them serious cash. A little dd tonight and you'll sleep tight. Good Luck, Dave S.

To: molemania who wrote (267)	1/19/1999 11:43:00 PM
From: Noblesse Oblige	Read Replies (2) \| Respond to of 283

Hi Dave... What this means is that AT&T will provide the needed liquidity to keep the cellular assets afloat until the deal closes and they are the owner. It does NOT mean that AT&T will pay interest on SMTK's outstanding debt. You should also be aware that the price AT&T has agreed to pay ($192.5 million) is subject to downward revision, undoubtedly depending on what AT&T has to put up to cover the operation of SMTK's cellular assets until they are in the AT&T cellular umbrella. There won't be anything left. It is all over. Sorry.