Broadcast.com (Acquired by Yahoo) Message Board

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Technology Stocks : Broadcast.com (Acquired by Yahoo)

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: Craig A who wrote (1023)	3/30/1999 8:10:00 AM
From: B. A. Marlow	Read Replies (1) of 1260

Steve Harmon didn't name a BCST takeout figure, Craig. He applied his "user value" model to BCST last week and came up with a valuation equivalent to $138.44 per share. He did not, however, imply that BCST would be acquired for this or any other amount per share. Then, as now, Steve suggests that a number of firms should be interested in acquiring BCST. I believe the $110-130 per share price range originated with the "BusinessWeek" Online article commenting on YHOO's interest in BCST a little over a week ago. There was no attribution for this price range and thus, it could merely be speculation or a "leak." Other media have since quoted this range as though it's the gospel. Truth be told, there is no hard evidence of an acquisition price target. BAM

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