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Technology Stocks : Tel-Save Holdings (TALK) -- Ignore unavailable to you. Want to Upgrade?


To: Morrie Nelson who wrote (195)2/27/1998 10:23:00 AM
From: Peter Zenger  Read Replies (1) | Respond to of 840
 
There is a negative article about the company in this week's issue of Forbes which suggests that the takeout price for the stock might be as low as $8, based on a commonly used valuation methods for pricing telecoms mergers. This may be a factor holding back the longs. Perhaps you're also seeing some short selling betting on the possibility that there will be no merger. I know there is a lot of short interest in this stock.