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To: Joseph Beltran who wrote (3196)10/13/1998 12:34:00 AM
From: Greger  Read Replies (1) | Respond to of 3736
 
A $16 target would be what the broker thinks the stock may get to, not necessarily a buy-out price.



To: Joseph Beltran who wrote (3196)10/13/1998 10:25:00 AM
From: WhipsawMcGraw  Respond to of 3736
 
I was not implying that the takeout was at $16. What I was saying that if the takeout does not happen, the price target is still $16. Little downside, the company still has $8.50 in cash according the latest Q.