Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Merg who wrote (9213)	2/17/1999 7:43:00 PM
From: W PAUL	Respond to of 56535

I also read this post but surely it is misleading. 1) $140m is the minimum price not the maximum if there is a buyout 2) If nothing pans out there will admittedly be a lot of stock around- I reckon ALO will hold 5.6m shares if all $40m is used and not repaid- but this does not of itself mean that the price of ASCT will be zero. 3) If ALO does go ahead with a buyout why does this not include the debt ? If after options there are 12m shares the payout will be minimum $12 or thereabouts. I go back to what I said last time that this has become a decision about how well the company performs over the next three years. I think it is depressing because once the hype has gone it is clear how badly ASCT needed more cash and I can think of other companies where I would rather wait for FDA approvals- and then once those hurdles are over how well the approved product sells- than this one. Nevertheless the post you refer to overdoes things in my opinion.