Shiva Message Board - Msg: 2963974

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Technology Stocks : Shiva

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To: Jacky AY who wrote (2546)	12/14/1997 8:20:00 PM
From: Ed	Read Replies (1) of 5036

Why would anyone pay $20 for Shiva AT THIS TIME? Company is stil losing money. The stock trades under $10. Asian turmoil. Tech sector is in a severe correction / bear market. Earnings are being downgraded. What company would try to purchase another at more than double current market price and the facts stated in the previous paragraph? Would their shareholders approve such a deal? I don't think so. If there is a takeover, I think it would occur only after Shiva turns profitable. Ed P.S. I hope I am wrong and somebody does offer $20 for them. I would even be happy with $13!

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