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Technology Stocks : Able Telecom (ABTE) -- Ignore unavailable to you. Want to Upgrade?


To: Ajay who wrote (44)12/4/1997 11:14:00 PM
From: SirAlexx  Read Replies (1) | Respond to of 700
 
The analyst that reviewed the deal gave me a figure somewhere near 57 times earnings for the buyout. If that number is right, then IMO, the deal is a little rich.
However, it becomes increasingly more palatable to the ACTCshareholders with the ComSat merger. Remember, I gave you that opinion as an ACTC shareholder; we have already been diluted to death.