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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: daaan who wrote (690)12/9/1998 12:21:00 AM
From: James K. Webster  Read Replies (1) of 708
 
What if a company wanted to buy this company for 65million total stock after PMTI sells Star to coherant. Pmti would have 65million cash and therefor the new owner would get PMTI for free. So the stock has to rise to prevent losing its equity. Does this make sense? Is there a stock guru out there to explain this better.
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