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Technology Stocks : Frontier - FRO

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To: Sjp who wrote (151)5/12/1998 9:24:00 PM
From: david thor  Read Replies (1) of 245
 
<. The choices are getting fewer and farther between >

That's why it's a good stock to hold onto. As it trades higher, any final buyout will tend to go higher. If you look at the premium paid for MCI or LCI, a buyout of Frontier now would appear to be in the 40-45 range. On the other hand, those two companies have a stronger long distance footprint, which is why a potential buyout would tend to be closer to 40, I think. At the current price, it's a great stock to buy and hold, while it pays a decent dividend.
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