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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: rupers who wrote (3414)7/5/2001 11:34:09 PM
From: Michail Shadkin  Read Replies (1) | Respond to of 6873
 
Rupers - Re: DTMC

Thank you very much for all the great info.
I do like your side here - long DTMC.

One thing that troubles me with this deal:
TDSC just warned today.
They have cash of 1.34/share of 16.4 million
DTMC cap is 29 million

How does it make any sense to make a cash offer of 5.80/share and stripping the company of all its working capital and more.
Maybe I am missing something?
Can you shad some light on this point, since you are so familiar with both companies.

Thanks in advance.

Michail