SmarTalk (SMTK) Message Board

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 : SmarTalk (SMTK)

SMTK 1.190

-17.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: molemania who wrote (267)	1/19/1999 11:43:00 PM
From: Noblesse Oblige	Read Replies (2) of 283

Hi Dave... What this means is that AT&T will provide the needed liquidity to keep the cellular assets afloat until the deal closes and they are the owner. It does NOT mean that AT&T will pay interest on SMTK's outstanding debt. You should also be aware that the price AT&T has agreed to pay ($192.5 million) is subject to downward revision, undoubtedly depending on what AT&T has to put up to cover the operation of SMTK's cellular assets until they are in the AT&T cellular umbrella. There won't be anything left. It is all over. Sorry.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next