SI
SI
discoversearch

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.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Freedom Fighter who wrote (6144)4/11/1999 5:54:00 PM
From: Allen Furlan  Read Replies (1) of 78507
 
Wayne, since you have interest in reasonable merger plays please review this.
biz.yahoo.com
I owned aati and did quite well with the company last year. Very good management and reasonably priced with book of 13.5 and 170 million in revenue last year. Because the company has so few shares outstanding the cost to aeon is about 100 million. They have strong financing lined up and I would rate probability of deal completion very high. Companies would like to close by end of June.(might be optimistic). In any case this calculates as an approximate 40% yield on buy at 23.5 and take out at 26 in three months.
Good luck.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext