I didn't see any mention of the price.

John

On Sun, 18 Dec 2005 22:44:31 -0000, Rob Studdert <[EMAIL PROTECTED]> wrote:

On 18 Dec 2005 at 21:15, John Forbes wrote:

I quite agree, but a higher stock price allows a company to borrow money
more cheaply; it makes it more difficult to take over, and it's a sign of
confidence.

Was the negotiated stock price above or below the trading price they had been
trading at?


Rob Studdert
HURSTVILLE AUSTRALIA
Tel +61-2-9554-4110
UTC(GMT)  +10 Hours
[EMAIL PROTECTED]
http://members.ozemail.com.au/~distudio/publications/
Pentax user since 1986, PDMLer since 1998








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