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.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tomato Man who wrote (6983)9/30/1998 2:47:00 PM
From: Wally  Read Replies (3) of 15313
 
Tomato: I just sent a PM to someone suggesting that this may be the reason for the delay. Michael told me that talks were still underway. When I asked about a possible closing date he just repeated that talks were underway (with that glint in his eyes). I began to think that maybe the relationship had taken a turn and not necessarily one for the worse.
I couldn't understand the reason for buying the company in the first place. As you said, "we get the milk, but we don't have to pay for the cow."
There are numerous small paging companies out there that do what IDB does. Their usefulness to FNTN is strictly as an add-on service. I don't see where IDB's relatively static technology has any additional use to FNTN or Siemens. In fact, it's not a simple fit between the two companies. FNTN would probably have to pick up the tab for additionally R&D to make the systems totally compatible. Let IDB pay for the R&D if they want FNTN as a client. This is good news - probably with less worthless dilution, too.
All my opinion of course.
Wally
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext