CXI-Commodore Environmental Message Board

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Strategies & Market Trends : CXI-Commodore Environmental

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To: NicktheGreek who wrote (1502)	1/13/1999 5:16:00 PM
From: Sid Raphael	Read Replies (1) of 1755

My guess is that Blum wouldn't sell even for D&M's $20m. He's probably in this company because he expects a humongous payoff. A mere $20m wouldn't do it. You say D&M is under pressure to improve their stock price. Buyers usually go down in price. If D&M bought CXI natural law says they'd go down in price. On top of that, an outsider that hasn't been through the wars with CXI would think D&M is loony for buying CXI. Go try to sell the CXI dream to hardnosed skeptics. Nah, I don't think there's a sale to D&M in the near future.

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