SI
SI
discoversearch

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 : Commerce One Inc - (CMRC)
CMRC 4.435-2.5%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: cyberman who wrote (1237)6/20/2000 2:19:00 PM
From: If only I'd held  Read Replies (2) of 1938
 
Nope. They are still only slated to do so much in revenues and they are paying 1.35 billion just to get some money losing business done. Maybe that impresses you...but it looks like smoke and mirrors crap to me. Sorry....I see no reason to buy the stock. In fact...I beleive it is a good short now for sure. They are gonna have to spend a lot of money now to carry out this merger. Maybe they need a way to execute, but paying this much for it is dumb business. And I wouldn't invest in dumb business. This will probably cost the company a minimum of 20 million dollars cash...which is below what APNT is expected to earn in the next year and 1/2 and it is dilutive to shareholders.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext