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Technology Stocks : Internet America, Inc. (GEEK)
GEEK 0.04000.0%Oct 25 5:00 PM EST

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To: KZAP who wrote (166)9/13/1999 11:38:00 AM
From: Glenn Petersen  Read Replies (1) of 220
 
GEEK is paying approximately $765 for each of the PDQ.net subscribers. As of Friday's close, each of GEEK's 100,000 subscribers was being valued at $913. While this transaction does not appear to add any short term incremental value, the regional nature of the acquisition will make GEEK a more attractive acquisition candidate long term. JMHO.
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