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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (637)10/4/2006 10:33:11 AM
From: Glenn Petersen  Read Replies (1) | Respond to of 3862
 
The pricing of the CBAS securities might be telling us that the deal is going to fall through. According to the proxy materials, CBAS has until February 18, 2007 to consummate the acquisition. If this deal falls through on October 26, that would give them a little over two and a half months to close on another deal or liquidate the company. I suspect that they would end up liquidating.


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