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Technology Stocks : Broadcast.com (Acquired by Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Magic212 who wrote (915)3/22/1999 3:13:00 PM
From: Sleeper  Respond to of 1260
 
I suspect "declined to comment" means they are in a critical phase of the negotiations and are unable to make any firm statements at this time. Remember AOL & NBC are supposed to be suitors also, so we could possibly be in the middle of a bidding war for this gem. Regardless, the market likes what it sees: BCST Up 29 and change on 4x normal volume. Not a bad day.

Sleeper



To: Magic212 who wrote (915)3/22/1999 3:15:00 PM
From: Eric  Read Replies (1) | Respond to of 1260
 
That doesn't mean much. The key is people realize now BCST is a very attractive takeover candidate. That will be factored into the price. Even if YHOO doesn't annouce any deal soon, BCST is likely to keep the premium it gained today.



To: Magic212 who wrote (915)3/22/1999 9:51:00 PM
From: B. A. Marlow  Read Replies (1) | Respond to of 1260
 
It means..."We'll let *you* decide, Shortstop!" BAM (EOM)