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To: Vladimir Zelener who wrote (9706)3/12/1998 10:51:00 AM
From: Zephod  Respond to of 21342
 
>>>36 million stocks at $15 (current price plus 10% premium) a share translates into $540 millios more then twice as expensive as NetSpeed, this IMO what makes the buyout problematic,

Vladimir; I agree, I was speculating on something which could happen down the road.

>>>unless the existing [or future] contracts will make it worth while.

You said it, I don't think the Penney's would sell the company before contracts are signed. Dave