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

To: Dave Kahn who wrote (2070)2/24/1999 11:01:00 PM
From: tom jones  Read Replies (1) | Respond to of 2127
 
To dave and all: "The transaction will be valued at
approximately $100 million at the present LSI Logic stock price and is expected to be accounted for as a pooling of interests."
Tom



To: Dave Kahn who wrote (2070)2/26/1999 12:41:00 AM
From: DGMontana  Read Replies (1) | Respond to of 2127
 
I think the IRS would regard it as a sale if LSI were to pay SEEQ shareholders for their shares, but since we are getting shares of LSI in exchange, no sale is recorded until we do something with our LSI shares. But, check with someone who knows....


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