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Specializing in the design of mobile video and multimedia systems and solutions based on OFDM technology Since 1990. Posts with name calling, lacking clarity or excessively verbose, will be deleted. Viewpoints pro or con always welcome

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Message: Re: VIDEOTRON RAISES $325 MILLION

Feb 26, 2009 11:38AM

No, upon further thought, it does make sense (cold beer helps me thing clearer, LOL) -- it would put us close to $2.00 per share, and I've already stated that I'd be quite ecstatic with that (anything over would be pure gravy). But, and a big but, in an auction (especially a sealed bid auction) you would think that somebody with lots to lose (ie. those imbeciles I talked about) would bid a little bit higher than perceived "fair market" value just to ensure that they're not going to take a substantial market cap. haircut in the future. Afterall, those 18 million people are only going to have ONE provider at a time, right?

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