SI
SI
discoversearch

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 : IDT *(idtc) following this new issue?*
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Madharry who wrote (11119)7/10/1999 9:41:00 AM
From: Hawaii60  Read Replies (1) of 30916
 
Does everybody realize that the old problem we had as explained by HHBB is about to disappear?

That problem was that we are a very attractive buyout candidate but our current valuation is roughly 1X earnings or less. Howard Jonas is not going to sell anywhere near that level. He would want at least 3 1/2 x. However, a corporation such as Sprint or Time Warner or AOL would get into severe trouble with their own stockholders if they made an offer in excess of $80 to a company that is currently valued in the 20's.

Not so soon. With the net2phone IPO IDT will have gotten around this problem for both IDT and any potential aquireor. If NTOP begins trading in the 80-100 dollar range. Has anyone figured out what IDT would be worth on paper to a suitor? Add to that a premium of 20%.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News