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Technology Stocks : Fingerhut (FHT) goes on Web site acquisition binge -- Ignore unavailable to you. Want to Upgrade?


To: U Up U Down who wrote (140)2/11/1999 11:45:00 AM
From: BostonView  Read Replies (1) | Respond to of 144
 
$25 represents less than 1 x sales and 1.5 x book value. The logical question is whether this reflects a fair premium. I'm not a retail industry specialist so I can't comment. Any historical precedent would help determine if this deal is being done at the right price. Can anyone comment?

BV