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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Warren Van who wrote (57058)	4/22/1999 8:27:00 PM
From: Knighty Tin	Respond to of 132070

Warren, I tend not to buy more after a takeover is announced. Too many fall through. In this case, the premium is not that tremendous and I would probably hold for the deal. There isn't that much downside if it doesn't happen. White knights and sweeter offers do occur, but not as often as I, as a shareholder, would like. For example, when the Tellabs/Ciena deal flopped, I was sure there would be another buyer soon. I bought the stock and it went up, but a buyer was hard to find. So, in short, I would hold what I owned in this case, but not buy more.