Summa Four, Inc. (NASDAQ:SUMA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Summa Four, Inc. (NASDAQ:SUMA)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Deep Six who wrote (46)	8/10/1998 5:34:00 PM
From: RAMU	Read Replies (1) of 49

I have not seen any details on the acquisition. The press releases stated "between 1.0 and 1.4 million" Cisco shares would be exchanged for all Summa Four shares. The delta of 400K shares of Cisco represents a difference of about $40M. I have not seen anywhere what factors actually drive the number of shares Cisco will exchange. Does anyone have any details? Could the purchase price be significantly higher or lower than the stated $116M? I bought Summa Four 2 and 1/2 years ago for about $12.50/share. It's been a long wait for this. As it turns out the a S&P 500 index fund might have paid off better. Ramu

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next