Bolt, Beranek & Newman [BBN] Message Board

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Technology Stocks : Bolt, Beranek & Newman [BBN]

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To: J. Stone who wrote (209)	4/29/1997 11:52:00 PM
From: RRR55	of 307

J.Stone, Where is this $26 share buy-out price coming from; if, in fact, there is anything to this rumor? A fair price for BBN and its components (Planet, Hark, etc.) is somewhere North of $50/ share. But the market ain't gonna give us that. And I don't think that Conrades will sell the company at a $26/share price. If he does, then we can start class-action suits or maybe we can all get home-equity loans and do our own leveraged buy-out. Seriously; I think this $26 number is absurd but the market, if there is anything to this, will probably not give us fair value. Regards, RRR55

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