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Technology Stocks : MER Telemanagement (MTSLF) - Internet/web Co. -- Ignore unavailable to you. Want to Upgrade?

To: phoenix who wrote (59)	4/27/1999 7:51:00 PM
From: James F. Hopkins	Respond to of 75

Roger; Good chance the major holders of Mer C are the ones who pushed for this, ( to reward themself ) as they are the ones who get most of MTSLF, you have to look at the ownership of Mer C and how much % is held by insiders, ( I don't know ) BUT I half way expect a tender offer ( after the distribution ) they aren't fools you know. Target the original IPO price, or a little more, it may take 6 months but it's going there, now there is a chance I could be wrong but I think I have seen this picture before. They ain't doing it just to be nice, they are doing just what you or I would likely do if we had the controlling interest in Mer C , and knew some one wanted to buy MTSLF they are looking out for #1. ( we will never get that news until it's to late, so don't even look for it ) With her little float mind you (if they move on it before hand ) this MTSLF could go up like a rocket.. That's built into the float right now, and I just can't picture the owners of MER C are into dumping MTSLF on themselves unless they have an ulterial motive, lets remember they didn't say it would take a share holder vote :-) Such proposed distribution will be subject to regulatory approvals in Israel and the filing of a registration statement with the U.S. Securities & Exchange Commission. lets just hope the regulators don't toss a wrench in the gears. If she starts up and you want some you better be fast, she only has a 1.5M float. Well I'm not trying to spam her, I've been buying since Mid March and have had an open bid GTC for even more at 1-3/8 all along, and would love it to fill. So to spam it I would shoot myself in the foot, I can't honestly say any of the above is true, other than I'm a recent buyer wanting more, so if any one wants to bad mouth her I wish they would sell or short or something as I'm trying to double up as cheap as I can, and this news now has her on my radar screen so if she so much as bobbles to the upside of 1-5/8, I will kill the 1-3/8 bid & do a market order and that may just may stand your hair on end. I don't know if I can, but I can try. Maybe she will up and file bankruptcy after the spin off, LOL if so I'll go down in flames with out ever saying one bad thing about the company. I've become mostly an index scalper ( and a good one ) and I don't usually pick stocks anymore, but I did this one as a side bet, and have a strong hunch I'm right. Jim