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To: Eric Fader who wrote (1061)12/18/2000 10:37:08 AM
From: Ted M  Read Replies (1) | Respond to of 3785
 
This has become a long term holding, whether that was one's original intention or not. A buyout would likely be good for a short term gain, but probably wouldn't even approach a valuation that we had hoped would be given by the market in an IPO months ago. With all of the recent articles we've seen, the market is heating up in terms of competition. However, if STAY really has a 'holy grail' that has broad medical application then I would think a buyout, as attractive as it may be, perhaps would be shortsighted, as subsequent to an IPO (even a poor one), the market eventually would bid this up to levels we've been dreaming of for some time. Are hopes for a long term dominance in the medical monitoring field not realistic?

ted



To: Eric Fader who wrote (1061)12/19/2000 10:53:44 PM
From: WallStBum  Read Replies (1) | Respond to of 3785
 
Thanks Eric. fwiw, my comment/complaint wasn't directed at you personally. You know that. I was just venting some frustration at the market or as you said, lack thereof. I did however suggest that I thought management, in it's annual letter directly to its Company's shareholders, be frankly more candid about what if any plans are in store for our collective investment, even if there are currently none. That's all.

dax