PNRL - What about Penril? Message Board

STOCKTALK

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 : PNRL - What about Penril?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ula Hartner who wrote (2)	6/18/1996 10:36:00 AM
From: Mike 2.0	of 14

I believe Bay already has arsenal of remote access products and so the technology is duplicative to Bay. I think the deal is very good for Bay. They basically bought the banana (DSP modem-high growth) and are spinning off the peel (remote access-tough sledding, loads of competition). After all, PNRL shareholders are going to get $10 in BAY stock plus one share of Access Beyond. PNRL is trading around 13 1/4 at this writing, suggesting Access beyond valued by market at whopping 3 1/4 per share...? (Please correct me if facts incorrect) OTOH, I would be interested in seeing how Access Beyond's balance sheet will look after spinoff. Thought press release mentioned Bay will take on some liabilities; Access Beyond I believe will retain unrelated businesses which it plans to sell. Any thoughts here welcome. Maybe this thread can continue as discussion for Access Beyond viability...? Regards Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next