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Technology Stocks : Advanced Radio Telecom (ARTT) -- Ignore unavailable to you. Want to Upgrade?


To: Bomar who wrote (469)3/12/1999 11:37:00 AM
From: mmeggs  Read Replies (1) | Respond to of 1176
 
I don't know for sure, of course, and you may have gotten one explanation correct -- they just needed the cash.

Here is another scenario: Potential investor or aquirer does not want anyone else holding that high a percentage of the stock. As a condition to any deal, Commco is required to decrease their positon to some lower level. It could just be a coincidence that most of the selling occurred after all of the "interesting events" had taken place around ART headquarters.

That's the only thing that makes sense to me -- obviously they (Commco) understand the value of the licenses given that they sold them to ARTT in the first place. Nobody in the sector is blind to the takeover speculation and/or the attention beginning to be focused on the FBBW market. Any other explanations otut there?

Who knows.

mmeggs