Bolt, Beranek & Newman [BBN] Message Board

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Technology Stocks : Bolt, Beranek & Newman [BBN]

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To: RRR55 who wrote (250)	5/7/1997 11:36:00 AM
From: J. Stone	of 307

RRR55: Well, my opinion regarding BBN being sold at $29 has little to do with the fact that I'm a shareholder; the price is just too low (in respect to BBN's current, and future, financial prospects). I look at it this way: AOL has agreed to pay BBN $700 million over the next several years, and this is just one contract/revenue stream. So how can $616 million for the whole company seem a rational, fair value price? Unfortunately, it now seems talks with AT&T have been stopped. As a result, I am becoming a bit concerned that $29 may in fact be the final price. If so, BBN management has failed the shareholdres... regards, JS

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