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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP. -- Ignore unavailable to you. Want to Upgrade?


To: Dutch who wrote (1383)9/23/1999 9:57:00 AM
From: Glenn Petersen  Read Replies (1) | Respond to of 1434
 
Arguably, MSPG is the company receiving the premium. ELNK's subscribers were being valued at a discount to MSPG's subscribers. At current prices (MSPG-31 1/16 ELNK-47 9/16), MSPG's subscribers are each being valued at $1,553 and ELNK's are each being valued at $1,135. This is a smart transaction for both companies.