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


To: Dave Kahn who wrote (2067)2/24/1999 12:58:00 AM
From: ATUL SHARAN  Read Replies (1) | Respond to of 2127
 
Looks like if the stock is below $24 SEEQ shareholders will get $2.628 (so that's the minimum).
Between 24 and 30 multiply by 0.1095 and then over 30 SEEQ
shareholders will get $3.285 (so that's maximum possible irrespective
of where LSI stock is).

The market accounts for the risk and holds SEEQ share price at approx. $2.628 until the deal closes.

Following is a table built on the info in the filing:

LSI SEEQ
=== ====
22 2.628 0.1195 2.628
23 2.628 0.1143 2.628
24 0.1095 2.628
25 0.1095 2.7375
26 0.1095 2.847
27 0.1095 2.9565
28 0.1095 3.066
29 0.1095 3.1755
30 0.1095 3.285
31 3.285 0.1060 3.285
32 3.285 0.1027 3.285

Hope this helps.