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

To: Lutz Moeller who wrote (4095)	5/19/1999 3:23:00 PM
From: Conor P. Cahill	Read Replies (1) \| Respond to of 4148

If your broker told you it was too late, they probably hadn't read that there was an extension again today. Most brokers should be able to do the tender in 2 days. As far as the current price of the stock, it is in part a measure of the risk that the deal will not get done and in part a risk/return evaluation (if you buy the stock today at $26, your maximum gain will be $3.25 or somewhere on the order of 15%. However, should the deal not go through, you could loose as much as $17/share (if the stock dropped down to the $9 range where it was when the deal was announced). The big risk factor right now is the DOJ. Once that review completes, you will seen the stock price move towards the deal price.