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 : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?


To: Jason Leonard who wrote (2734)2/8/1998 11:21:00 PM
From: ncs  Read Replies (1) | Respond to of 3736
 
Sorry Jason. SFAM's not going to get bought for 7.2B or 2.7B. The article you saw was a correction of an earlier release which featured SFAM in the first couple of paragraphs. The last couple of paragraphs, specifically the 7th where the correction was being made, concerned Cendant's bid for American Banker's Insurance. Cendant has a 2.7B bid for ABI, it was earlier reported as a 7.2B bid.

Hey it would have been nice though, SFAM's market cap is less than 400MM; therefore a 2.7M would be a 700% increase to SFAM's stock price. If that would have been the dcase, I'd be on vacation for the rest of the year.