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Technology Stocks : Bluestone Software Inc-(BLSW)

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To: ms.smartest.person who wrote (48)6/14/2000 7:35:00 PM
From: Steve  Read Replies (1) of 67
 
Because it is closely held (64% held by insiders) and I don't think a buyout is likely to be accepted below $150 a share which would value the company at $3 billion. Profitability is right around the corner and the company is growing at a rate that will pull it about even with where Vignette is today in 2002 but in the black. This is without acquisitions. With such bright prospects I don't think the management insiders would vote in favor of a deal below $150 per share.
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