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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Aggie who wrote (42052)	4/11/1999 9:28:00 PM
From: marc chatman	Read Replies (2) \| Respond to of 95453

Aggie, I don't believe anyone would pay cash for FLC. It would be a stock for stock deal. Of course, following any deal, cash could be used to pay down some of that FLC debt, or a merged company with a stronger balance sheet could seek to refinance some debt at more attractive rates. But I don't know whether, in this business of huge egos, anyone has an ego big enough to risk buying FLC at this time. And I don't know whether FLC would be a willing seller. As a shareholder, I'm wondering what premium to market a buyer might be willing to offer for FLC -- probably not as much as FLC could gain on its own in the market in a good week.