RE: [WISPA] Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition

2006-10-16 Thread Charles Wu
>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 Nea

Re: [WISPA] Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition

2006-10-16 Thread Matt Liotta
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 portio

Re: [WISPA]Covad ExpandsBroadband WirelessNetworkWithDataFloAcquisition

2006-10-16 Thread Tom DeReggi
Tom DeReggi RapidDSL & Wireless, Inc IntAirNet- Fixed Wireless Broadband - Original Message - From: "Matt Liotta" <[EMAIL PROTECTED]> To: "WISPA General List" Sent: Monday, October 16, 2006 1:49 PM Subject: Re: [WISPA]Covad ExpandsBroadband Wireles