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Technology Stocks : Summa Four, Inc. (NASDAQ:SUMA) -- Ignore unavailable to you. Want to Upgrade?


To: TraderTerry who wrote (38)7/28/1998 1:46:00 PM
From: James Burke  Read Replies (1) | Respond to of 49
 
Why is SUMA sitting at $16 if the buyout is for $20?



To: TraderTerry who wrote (38)7/29/1998 12:32:00 AM
From: Larry Abrams  Read Replies (2) | Respond to of 49
 
XLSW is a company with product similar to SUMA
IF CSCO values SUMA at $20/share, then
by my calculations, this means that XLSW
would be valued at $51/a share:

SUMA: 94.4 M shares X $20 = 1.988 Billion

XLSW: 39 M shares X $ 51 = 1.989 Billion

Comments welcome