Tuna,
First of all, I like your name TUNA. Next, thanks for your input.
And, of course, the prize of the acquisition. There was a reason why
VSGN's price had come down from the teens. This is a hideously
expensive purchase. Everything else could have been overcome by the
strategic aspect of the purchase. But this price was just ridiculous. Of
course, the market is also fixing that, although that's a small consolation,
especially to those with options.
I believe there's less than 5%(or was it 2% ?) IPOs' price remain
above 1/4 of IPO price @ end of the year according MB (Mike Burke).
Anyhow, yes it's terrible they couln't make $$$ over a year. However
with Yocam and new management team, this sounds like a good match @
the price. Again, thanks for the input!!!
take care,
BPP |
