TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote (106421)	6/10/2002 9:10:24 AM
From: ChrisJP	Read Replies (1) of 150070

EarthLink to Acquire PeoplePC Inc. ATLANTA and SAN FRANCISCO, Jun 10, 2002 /PRNewswire-FirstCall from COMTEX/ -- EarthLink, Inc (Nasdaq: ELNK chart, msgs), one of the nation's largest Internet service providers (ISP), has agreed to acquire PeoplePC Inc. (Nasdaq: PEOP chart, msgs) through a tender offer. PeoplePC, a provider of value priced Internet access, has created a cost-efficient ISP technology platform and a unique customizable service for corporations, associations and other private label distribution opportunities. Under the terms of the tender offer and merger agreement, EarthLink will offer cash of $.0171 per outstanding common share for an aggregate purchase price of approximately $10.0 million. Pre-closing adjustments to the purchase price could raise the price per share to as much as $.0245 per share, or approximately $14.3 million in total. So why is this POS trading at .14 ? Chris

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