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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 57.12-3.5%Dec 31 3:59 PM EST

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To: Oeconomicus who wrote (1761)1/8/1998 11:32:00 AM
From: bob zagorin  Read Replies (1) of 5650
 
another clue to a possible TO valuation of PSIX.

DMG telecom analyst on CNBC talking about Teleport / ATT. He mentioned the MFS takeout by Worldcom last year valued at 6.5 times "gross plant & equipment" or gross assets on balance sheet. This is relevant because right before the WCOM takeover, MFS had acquired UUNT.

any accountants out there to play with those numbers?
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