I would prefer 1.5x cash vs 3x stock

Gino A. Villarini
[EMAIL PROTECTED]
Aeronet Wireless Broadband Corp.
tel  787.273.4143   fax   787.273.4145

-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Charles Wu
Sent: Monday, October 16, 2006 11:06 AM
To: 'WISPA General List'
Subject: RE: [WISPA] CovadExpandsBroadband
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

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