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Technology Stocks : Westell WSTL
WSTL 6.040+0.3%12:49 PM EST
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To: Mad Bomber who wrote (15531)3/26/1999 9:37:00 AM
From: kenneth kountz  Read Replies (2) of 21342
 
Mad:
When WSTL's stock is at the $4 level, it is not worth $12 to any potential buyer. Do you know of any buyouts recently where the buyer paid 3x the current value of the stock? The average premium is more like 20% to about 30%, and that's for healthy companies (WSTL not included) but 3x is just too much to hope for. I wonder if Joel A shows his WSTL analysis track record to potential new paying clients?
Look, I want to get out of this POS also. But I suffer from a denial complex; I just can't believe I made such a poor call on this company.
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