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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (12656)	6/16/2001 12:49:53 PM
From: jeffbas	Read Replies (1) \| Respond to of 78625

I basically agree with you on LPAC. However, for the seller to have taken $2.50 (instead of holding, or trying to acquire at a price above $4) you have to either assume they needed the money for some other purpose or that they did not see the long term prospects as extraordinary. Nobody with any brains sells a future $5-10 stock for $2.50 unless he has to. Therefore, while I agree it enhances shareholder value, it MIGHT be a negative comment on the longer term outlook, and it IS a negative point on the possibility of a takeover..