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To: Dennis J Baltz who wrote (12455)4/23/1999 10:37:00 AM
From: Tom Tallant  Respond to of 41369
 
Dennis,
I do...This decline is typical in these kinds of deals...(arbitrage). I think T has a very clear idea of where they are going and are willing to pay to get there. This is the low end of T's range recently. They recently split 3-2. They have traded over 90 (or 60) and I expect long-term they will again.