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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!
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To: Ed Perry who wrote (3734)5/16/2001 12:29:22 PM
From: Hal Campbell  Read Replies (1) of 4169
 
<< hundred of millions). >

The BCST takeover was for 6 billion, Ed. On ...gee do not remember exactly...but about 20 million in trailing revenues I think. Perhaps the finest piece of salesmanship in the history of sales..LOL...until the ITVU takeout by Akamai...which was for an even more astronomical P/S ratio. Cuban alone was said to have netted over a billion in the BCST deal.Had sense enough to cash in. It was those takeovers that kept me in AXC at the time. I think we all hoped AXC would move rapidly to try and take advantage of the tulip festival. For whatever reasons,and I am sure they seemed legitimate at the time..they did not. Hope and greed.
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