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Technology Stocks : Cybex(CBXC)and Apex (APEX) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (1)3/8/2000 11:22:00 AM
From: Daniel Shaffer  Read Replies (1) | Respond to of 15
 
APEX up and CBXC down!

You are right. There does seem to be potential for synergy, and Red Herring's recommendation proved prescient. There may be some indigestion in the process of trying to integrate the two companies. I know Huntsville fairly well and the business culture there is very different from Silicon Valley or Silicon Rain Forest (APEX is in Oregon, CBXC in Alabama).

It is interesting that APEX is up on the merger news while CBXC is down. This tells me that CBXC shareholders are disappointed while APEX stockholders are thrilled. If you look at P/E ratios, APEX was in the 30's while CBXC was more highly valued in the 50's.



To: JakeStraw who wrote (1)3/8/2000 10:38:00 PM
From: Constant Reader  Respond to of 15
 
Could you elaborate on that a bit for some of who don't know much about them but were tempted by the low valuations? Thanks!