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Microcap & Penny Stocks : Telscape (TSCP) & PointeCom (previously C-Com)

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To: Jimi Plym who wrote (142)1/4/2000 4:44:00 PM
From: Jimi Plym  Read Replies (1) of 152
 
From the Yahoo TSCP thread (message 1232):

At todays current stock price it looks as though PCOM shareholders are getting stock in TSCP priced at about $9 3/4 which means they already have built a premium of 25% (based on TSCP price of $12 1/4). I cannot see any reasons why the shareholders will not ratify the deal, especially considering the new balance sheet and synergies for the future with the combined companies.

The board members have agreed to the share swap as outlined above at $9 3/4 this means they have real confdence in the future growth in the value of TSCP stock.

This is good news.
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