3DFX Message Board - Msg: 7366263

STOCKTALK

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.

Technology Stocks : 3DFX

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter S. who wrote (10151)	1/19/1999 5:38:00 PM
From: Piranha	Read Replies (1) of 16960

<< Nice improvement on TDFX/STBI today. A little pre-earnings anticipation perhaps. >> What catches my interest is that STBI is almost trading at the proposed 0.65 buyout ratio (0.635 as of close today). This is quite a jump (IMO) from the typical 0.56 that it's been floundering around since the announcement. STBI's volume is up significantly, too. I've been wondering what's driving all this. One thought I've had is that TDFX has become attractive (for whatever reason), but that STBI has become even more so since it has been trading at a discount relative to its "intrinsic TDFX value." As a result, the demand for STBI stock has driven its price up so that there's now only a slight gap to the buyout ratio representing the uncertainty that the deal will complete. This is all pretty much a WAG on my part. Anyone care to comment? Piranha

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next