Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Platinum Technology -- Ignore unavailable to you. Want to Upgrade?

To: Timoteo who wrote (4041)	4/19/1999 6:19:00 PM
From: Doughboy	Read Replies (2) \| Respond to of 4148

Timoteo, Be careful. While I don't think there is any chance of the deal getting rescinded, there is a significant chance for delay. Unless you're positive that you get the tender offer, I would anticipate having to wait an additional 30-60 days because of the DOJ review (i.e. June or July). If anyone has a complete understanding of the mechanics of a tender (or has already gotten their cash), please correct me, but I don't think that you get the cash in your account until the deal closes. If so, then you have to discount the return of 20% (which is nothing to sneeze at) by the oppty cost of putting your money somewhere else in this tech market correction. I would appreciate anyone's views on this. I myself have a lot of $$$ tied up in PLAT and I'd like to know how/when to get it out. Has anyone out there gotten actual money after accepting the tender?????? Doughboy.