Starnet...Clicktoplay...STEN Message Board

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Microcap & Penny Stocks : Starnet...Clicktoplay...STEN

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To: Roy F. Baker who wrote (792)	1/24/1999 11:24:00 AM
From: Ted M	Read Replies (2) of 1071

My gut also says this is worth taking a crack at (which I have since I am currently long). If the aquisition is finalized it seems definitely worth it based on Click's expertise and the backing of France Telecom (who plans on being a big internet player) and Bernard Tapie, who has been highly successful in business. The facts that the letter of intent has been signed and this isn't just rumor, and Mr. Tapie has been an active and key player in the aquisition lead me to think that the delay is in the details of HOW it will go through and not whether it will go through. These things take time. One or two months to finalize an aquisition really doesn't sound like much at all given these circumstances. There are some large figures involved, and Click isn't some 3 month old company being run in some college fraternity house. There is a history and a major distance factor to work through as well as who knows what else. I mean think about it--Europe, the Midde East and United States are involved! It very well could be that they are primarily working on a business plan for going forward. Still, the volume keeps me in check. But, of course, this is not much to go on. Just my gut feelings too. Ted

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