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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Chisholm who wrote (7187)5/18/1999 8:50:00 AM
From: cfimx  Respond to of 75851
>>I suppose the prudent course would be to not overpay?<<

CSE has a right to expect full value for their shares. ANY seller would agree. When YOU sell some stock, that's what you want.

It MIGHT have been a good deal for nh to offer stock if its shares were trading at full value (or above) as well. IF nh wasn't, and all I read around here was that nh was WAY undervalued, then it would have been value destroying for nh to issue stock for cse. As it stands, it looks like nh IS selling SOME equity to finance a part of the deal. That may account for a portion of the drop yesterday, if it indeed closed down.