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 : Inktomi (INKT) -- Ignore unavailable to you. Want to Upgrade?


To: Dixie7777 who wrote (92)6/15/1998 11:30:00 AM
From: greentree  Read Replies (2) | Respond to of 1945
 
I look at it this way:

INKT received $18.00 per share for their company, so they received less than half of what the market determined the price SHOULD be.

This means the company has less than half the capital it should have received. As a result they are in a dramatically weaker position when it comes to financing growth, making acquisitions, etc.

Ultimately, the company and its shareholders are the losers.

I find it odd that the thread is so silent on this subject.