RE: [WISPA] Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition
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 You http://www.winog.com -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
Re: [WISPA] Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition
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 of it was stock. At the time, Covad's stock was $1.10; today it is $1.48. -Matt -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
Re: [WISPA]Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition
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 WirelessNetworkWithDataFloAcquisition 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 of it was stock. At the time, Covad's stock was $1.10; today it is $1.48. -Matt -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.1.408 / Virus Database: 268.13.4/476 - Release Date: 10/14/2006 -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
