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To: DaveU who wrote (12102)5/10/1999 12:35:00 PM
From: Ron Schier  Respond to of 62348
 
IPO Sierra Wireless trading under symbol SW.w



To: DaveU who wrote (12102)5/10/1999 12:36:00 PM
From: keith massey  Read Replies (1) | Respond to of 62348
 
NCT

Press release said 160 million in damages if one of the merging parties withdraws from Merger without substantial reason.

Was on the phone for a while with NCT drilling the hell out of the IR. According to him NCT will not get $160 mill from CIT for any reason. CIT can walk away without paying a cent. I mentioned the Globe article and he was puzzled. Go figure!

Best Regards
KEITH