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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?

To: Andeveron who wrote (2147)	9/1/1998 10:03:00 AM
From: David	Respond to of 3183

I agree with what your say with the exception of buy out prices. Zap offered a much higher price earlier this year. And yes I realize their stock was much higher as well, but if they want to get a company like xcit now is the time. They don't have to offer the kind of price offered earlier but with a bid well above current levels the pressure from share holders, etc may be too strong to ignore. Same for any other media company wishing to buy them. Now a good premium over current levels is not that high and costly. They may let them drop a bit more but with the future of this sector I think they will have to pay a premium over stock price at time of offer. Of course many of these search engines (portals) are still well over valued, but that hasn't played much of a role yet.