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To: Robert A. Sutherland who wrote (1943)12/5/1997 8:18:00 PM
From: SKIP PAUL  Respond to of 3506
 
Magellans value is not difficult to evaluate:

$60 million in annual revenue, little or no growth, Low gross margins,
little or no profit, low in intellectual property, mostly low tech products. Assuming no debt.

No more than $60 million, probably lower.



To: Robert A. Sutherland who wrote (1943)12/5/1997 10:58:00 PM
From: Rubble  Read Replies (2) | Respond to of 3506
 
GPNN speculated that the combined Ashtech/Magellan is worth $125 mil.
If we accept this estimate...

A = 25 mil + .33(125 mil) = 67 mil

M = 125 mil - 67 mil = 58 mil

It looks like Magellan and Ashtech were both considered worth about the same.