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Strategies & Market Trends : cash-rich dot bombs

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To: Mike 2.0 who wrote (46)	12/18/2000 6:20:38 PM
From: stock leader	Read Replies (1) of 184

great question! in other words what's to stop a group of us from making a tender offer for a stock trading well below cash value? first you would need to find a stock where the public float is greater than insider control. if you get enough investors to gather , we could easily offer a tender for say TMNT at $1.50 per share or less, since they have over $3 + in cash

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