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Technology Stocks : Seeq Technology Coming Back.... -- Ignore unavailable to you. Want to Upgrade?


To: John F Beule who wrote (2051)2/22/1999 10:01:00 AM
From: alex s.  Respond to of 2127
 
"SEEQ shareholders will receive LSI Logic Common Stock based on an exchange ratio of .1095 (subject to adjustment)"

how exactly will the conversion of shares work if, for example, one is an owner of 2000 seeq shares?
thanks for any insight.
al



To: John F Beule who wrote (2051)2/22/1999 10:02:00 AM
From: alan holman  Read Replies (1) | Respond to of 2127
 
What do you think the share value of LSI will be when the deal is finalized ? As I understand it, for every 10 shares of SEEQ you will get 1 share of LSI. LSI is @ $27 now so that would mean SEEQ is worth $2.70. I hope the price goes back down today so others can make some easy profits.