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 : Avant (AVNT)
AVNT 30.25+0.9%Dec 9 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doug Skrypek who wrote (301)8/23/1997 12:15:00 AM
From: Paul M.   of 3441
 
Compass is going to cost Avant 22 million in cash and the rest in stock. They do have alot of cash from their public offering and they are authorized to sell appr. 12million more shares. This acquisition is going to cost Avant time and money and I believe they are going to use this as their main excuse when they do not meet their numbers in future quarters. When a stock is trading at 60 times earnings it has to meet its numbers or pay the price with a dip in the stock. Legal expenses will start to kick in sooner or later. And I am shore they lost some business despite Hsu claims that companies are voting with their pocketbooks. Hsu may prolong his court debute with an army of lawyers but he is losing valuable time fending off the "MAN" and he has to complete this recent buyout and convince customers he is not the thief that he is.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext