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

To: Stephen who wrote (1015)	3/29/1999 4:21:00 PM
From: Sgt. Stockpile	Read Replies (2) \| Respond to of 1260

Selling/buying/holding on the news becomes irrelevant in cases like this in my opinion. The moment the deal is set, BCST will become the equivalent of a YHOO tracking stock, going up when YHOO goes up and going down when YHOO goes down to the same proportion as its buyout price. Same thing happened with Geocities and Xcit.

To: Stephen who wrote (1015)	3/30/1999 5:23:00 AM
From: B. A. Marlow	Respond to of 1260

Let's look at BCST "risk management," Stephen. 1) Where does the range of $110-130 really come from? Might it be a leak? If so, why would this range be leaked, and by whom? 2) What would account for "risk margin" of 8-10 points? That Barry "The Godfather" Diller's the buyer? That no deal is announced? Is a "no deal" outcome really probable? 3) Assuming a deal falls into the $110-130 range, why would someone sell on the news? Would you? What if the takeout price were higher? What if the acquirer's shares rose on the news? So many questions! Here's another one: Why not get in? BAM