Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (14878)	2/26/2001 4:34:38 PM
From: AJ Berger	Read Replies (5) \| Respond to of 18998

Guys, just check out past insider sales you'll never see a single trade go off below $33. there is no way those 40% insiders will sell their shares at $18. they'd rather bust the deal. Remember, NTIQ was $70 when this deal was announced, valueing the swap at a cool Billion to WEBT. That pegged WEBT at about $38, making $18 today look like chump change. How a sterling company like WEBT let a dog like NTIQ buy it in the first place is a mystery to me... Besides, if some of that 40% defect, while the stock stays low, certainly institutions won't vote their shares, and the deal will fall thru anyway. Leaving WEBT to florish without NTIQ weighing it down. Face it, on WEBT's worst day is at $25. $18 is completely NTIQ's fault and will be rectified either with NTIQ's raise or WEBT breaking the deal. Either way longs will win.