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

To: Elliot Puritz who wrote (3645)	5/17/1999 9:52:00 AM
From: jackhach	Respond to of 13797

No not at all -- Spescom picked up 2 million shares at .90 cents and would benefit nicely on a $3.00/$4.00 buyout price, although that obviously is not Spescom's strategy. Roger will not likely be agreeable to a takeover unless it was for at least $5.00/$6.00. Simply because he and his board members feel that the company could fetch that on the open market within 12 to 18 months -- if all goes as scheduled. In addition -- by balking at low bids they raise the eventual/inevitable ante and retain their jobs. Eric's next major hurdle, aside from inking some wins, is to get the company relisted on NASDAQ. This may not be as quick as we would like, but seemingly much closer then just a few days ago. This would surely raise ALTS's perceived value to acquirers and raise its overall credibility with investors. -JH