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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (707)12/14/2006 11:42:03 AM
From: Carl Worth  Read Replies (1) of 3862
 
this seems like a pretty solid acquisition, with that revenue growth, and serving what is unfortunately a thriving business (criminal detention)

the warrants are 1.41 with a strike price of 5.50, so that's a discount of about 50 cents to today's stock price...seems like a pretty reasonable price for a long term option on this deal
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