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Technology Stocks : CDNow (CDNW)

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To: Boddington who wrote (1175)5/1/1999 9:19:00 PM
From: wanmore  Read Replies (1) of 1465
 
If a takeover is real they will figure an amount between the avg price traded in the last 10 days and the all time high. It will not be higher than that unless there is more than 1 company interested and they get into a bidding war. Remember they only need a majority vote to approve a takeover so almost anyone with stock at these levels would accept $29 to $32.
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