"DSL.net can only expect to be acquired. With a book value of $228.8 million and so few subscribers, the company may bring -- if it sells at current lows -- somewhere in the $10 per-share range, or a total of about $650 million.
However, it has plenty of cash to operate for the next year and will likely do so to increase subscriber numbers and, by extension, valuation. In that case, and with an uptick in DSL valuations, DSL.net could very well sell in the 20s. In the meantime, the value of the leaders, which are selling for only 2.5 to 3.5 times DSL.net shares, will likely see values soar under those circumstances."
Got this from worldlyinvestor.com.
Enjoy,
Anthony |
