Colin, why start a new thread? ICGX thread only had 20 replies before today. (perhaps the name is reason. what is "Intelcom"?)
Anyway, book value is negative. ICGX equity is -$208 million while NETC's is $126. No matter how they account for the deal, it's negative. They do have more than $400 million combined cash though (assuming they didn't burn too much 3rd qtr). The more important questions are revenue growth, cost synergies, when they are expected to be EBITDA positive and EPS positive, price to sales ratio, and (most importantly?) the value of ICGX's fiber and the combined customers to another, bigger player.
This is confusing with so many threads. Can we combine this with the other ICGX thread? Then I will only have to follow two; I'm rather lazy you see.
Bob. |
