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Technology Stocks : Vantive Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Trader Dave who wrote (2511)9/29/1998 10:36:00 AM
From: investorgal  Read Replies (2) | Respond to of 3033
 
Trader Dave,

Please help me to understand your reasoning. Having employee options that are repriced at $13+ would make this a more attractive takeover target in my book. Even if a 100% premium was paid that would only be a price of $11.25 (given today's plunge). Employee options are still worthless and the "poison pill" is meaningless.

If management didn't want to sell out they would have repriced the options a 2nd time like Scopus and Informix did. At least then Scopus employees made some money and Informix employees have a chance to make some. With the current option price, why in the world would a Vantive employee stay?

It looks like someone in the market knows something about the quarter that isn't public.