RE: [WISPA] Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition

2006-10-16 Thread Charles Wu
Of course, the market is currently valuing such companies at 3x revenue on stock deals. But, minority stock in a privately held company (or even many public OTC companies) is generally worthless -Charles --- WiNOG Wireless Roadshows Coming to a City Near

Re: [WISPA] Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition

2006-10-16 Thread Matt Liotta
Charles Wu wrote: But, minority stock in a privately held company (or even many public OTC companies) is generally worthless Without arguing the point, stock valuations are higher than cash because of the added risk. If you look at the NextWeb purchase, which was 3x revenue; a good portion

Re: [WISPA]Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition

2006-10-16 Thread Tom DeReggi
Tom DeReggi RapidDSL Wireless, Inc IntAirNet- Fixed Wireless Broadband - Original Message - From: Matt Liotta [EMAIL PROTECTED] To: WISPA General List wireless@wispa.org Sent: Monday, October 16, 2006 1:49 PM Subject: Re: [WISPA]Covad ExpandsBroadband