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Stocks T / TyCom, Ltd.


Subject:  Re: TYC to acquire TCM Date:  11/19/2001  5:11 PM
Author:  pknoerr Number:  117 of 136


I gotta go with Prime 13 on this one. You will have no the case of some mergers you get to vote to accept the terms. But in this case TYC owns 80% of the shares, so once the TYC and TCM boards ( hmmm same guys there too!) vote for the deal the rest of us are along for the ride.

So you will get cash for the fractional shares, and you're account will be credited for .3133 shares for each share.

I'm likely to take the shares for a while. It's sort of the hope that I will see some reward for the bitter pill of TCM not continuing as a individual entity. But I like TYC, and I'm long on a whole big pile of TYC, so eventually, I may decide to decrease my position, and diversify a bit more.


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