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Technology Stocks : e.spire Communications (ESPI)

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To: Radboud Bruinsma who wrote (449)4/21/2000 5:57:00 PM
From: greatswamie  Read Replies (1) of 471
 
$10 for the cybergate unit. $10 for the fiber and $5 for the rest (already discounted to take into consideration the 1 billion in debt).

That is a take out of $25/share. Under current market conditions, I would not be surprised to see a deal 10 to 20% less than $25.

Heard MSDW was very busy last week. I would not be surprised to see the spinoff of Cybergate or an outright sale soon. Bought some additional at $5/share.

Also, the Class action lawsuit is bogus from my view. Good luck GS>
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