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To: Kent Rattey who wrote (9319)10/7/1998 6:35:00 PM
From: matt fahy  Read Replies (1) | Respond to of 12559
 
>Typically, you receive a 30% premium. If they were to sell at these levels, you wouldn't be happy.<

I think the difference here is that most company's are bought at an avg. of 30% premium (if you say so) but they are being valued on an avg. price per share over a time period, not a couple of days. The 200/50 dma's is $20 currently, so $26 (1.30 X $20) I would take. You may argue the dma is going down but this is a scenario on current buy-out pricing.