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: burryfan who wrote (39538)	10/4/2010 11:14:57 AM
From: Rainmaker888	Respond to of 78750

A nice to have an over reaction by the institutional investment community as they speculated on merger arbitrage. Now they are all running for the exits, sinking the share price more than it should probably drop.

To: burryfan who wrote (39538)	10/4/2010 11:53:10 AM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78750

GTSI - assuming accusations are correct and stick, the company should liquidate. You'd get something between 1.3x to 1.6x current price in case of liquidation IF there are no lawsuits from the government/etc. If accusations stick and they don't liquidate or if they gonna get sued, they gonna bleed cash (and Eyaktek stake) like hell and you might not get any of your money back. Assuming accusations don't stick, GTSI might get the Eyaktek offer again which would lead to 1.7x-2.0x gain. IMHO, the risk is still too high, but I might be wrong.