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Stocks D / DSC Communications Corp.

URL:  http://boards.fool.com/not-to-be-a-complete-dunce-but-what-actually-10197455.aspx

Subject:  Re: Alcatel buyout of DSC Date:  6/4/1998  7:23 PM
Author:  randallma Number:  25 of 35

not to be a complete dunce, but what actually happens when a buyout like this occurs? Will an amount that is approximately 80% of yesterday's closing price be "deposited" into my brokerage account? How do i find out when this transaction takes place? If I sell my shares of DIGI tomorrow, do they sell for whatever the market is willing to pay, or does the Alcatel deal come into play somehow. Sorry to ask (perhaps) stupid questions, but I've never owned a stock that was bought out before.

tx in advance!

mr
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