SI
SI
discoversearch

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


To: thwerth who wrote (1527)1/30/2008 4:27:50 PM
From: thwerth  Read Replies (1) | Respond to of 3862
 
I'm thinking Micheal Gross of Marathon must have turned down several deals by now, why else the dump of shares and the huge time lag, unless he has something called "traders/deal" block.

My concern by waiting so long he will take a crappy deal, say a busted auto parts/retailer that investors will give the "bronx cheer" to.

No deals are getting done properly now except for the Endeavor deal done last summer in a favorable private equity time.

This "blank check" concept is starting to look like a busted idea. With the smartest just shooting blanks.