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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: David who wrote (17091)5/19/2003 3:39:59 PM
From: jeffbas  Read Replies (1) | Respond to of 78958
 
I suspect that many of us got out on the $5 Dutch tender offer 3(?) years ago. I am a bit suspicious of a $10 price. I don't think the market would discount such a price by more than 50%, after this announcement, if it was thought at all likely - although my recollection is that at the time of the Dutch tender they looked into selling the company and got no takers (so maybe a big discount is reasonable).