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.

Technology Stocks : Broadcast.com (Acquired by Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Lao Ou who wrote (1018)	3/29/1999 5:49:00 PM
From: Sgt. Stockpile	Respond to of 1260

Correct. Example: Yahoo is $175/share and decides to buy BCST for .80 on the dollar. That would make BCST worth $140. But there is always a discount in case the deal doesn't go through. Check out ATHM and XCIT. ATHM bought XCIT for 1.04 shares. That means that the prices should be virtually equal. But ATHM is 160 and XCIT is 147. Personally, I plan to seel BCST when the deal is announced because I need the cash. I already own YHOO and don't need to double up. The stock should pop on the announcement, then settle back. From then on, as YHOO rises, so will BCST. The closer to the closing date, the more BCST will rise to meet YHOO or YHOO will drop to meet BCST.