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

To: Doughboy who wrote (4042)	4/19/1999 6:56:00 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 4148

DougHboy, I received a copy of the tender offer from my broker via snail mail today. The paperwork basically says that CA (through their representative HardMetal, Inc) is offering $29.25 per PLAT share, effectively immediately with the offer expiring on 4/29/99. An accompanying form indicates that I must respond quickly to participate in the tender offer. Additional materials include a one page letter dated 4/5/99 from Flip recommending acceptance of the offer... A copy of Schedule 14D-9 (which is the official PLAT recommendation)... Within the Schedule 14D-9, a letter from Credit Suisse First Boston Corporation that basically says they (Credit Suisse) have analyzed the offer and determined it to be fair... And lastly, a copy of the tender offer itself (which indicates the Information Agent is MacKenzie Partners, Inc.)... The tender offer itself has a ton of legalese regarding the "whens" and "wheres" of payment from CA and the surrendering of your shares to the offer. It's much too complicated to reproduce here, but suffice to say, there's language in there that allows them to extend out the payment should the tender offer be extended or should any government agencies cause the offer to be extended, etc... If the offer expires on 4/29/99, and enough shares are tendered by then, and if the government voices no objections, then the waiting period to receive payment looks like "..., Merger Subsidiary shall accept for payment all Shares validly tendered and not withdrawn pursuant to the Offer as soon as practicable after the expiration of the Offer and shall pay for all such shares promptly after acceptance". <Wow! That's a mouthful...) KJC