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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: FingerLakes who wrote (1000)1/29/1999 2:16:00 PM
From: Trooper  Respond to of 2004
 
Bought out on Monday???? I figure the stock would be MUCH higher then it is now if that were true wouldn't you think? I agree with you however, I see little downside from here.



To: FingerLakes who wrote (1000)1/29/1999 3:09:00 PM
From: James Sinclair  Read Replies (3) | Respond to of 2004
 
For what it's worth, the rumor on Yahoo! is that OMKT is being bought out at $25 a share by CSCO or CPQ, and this will be announced on Monday. I bought a little figuring that even if the rumor is not true, there's very little downside risk

If you're going to buy stocks based on information posted on
Yahoo, at least read the posts correctly. One post refers to
the same rumor that was mentioned in a recent post here. That
site describes a possible 'e-commerce alliance' with CPQ or CSCO,
not a buy-out or merger. The other yahoo post referred to the
rumor and said that his broker said the value could be $25 soon,
didn't imply that was the buyout price.

All in all still a good rumor, but lets try not to embellish it.