Post by
apanju09 on Feb 29, 2008 10:23pm
Grow through acquisitions
A Bear Stearns report outlined how ELNK is positioning itself for carrying out some acquisitions in the future. They've set the price target at $7.27...which is almost where it's at right now. Specifically, they're focusing on dial-up internet and paging companies, with the idea that dial-up is the only internet connectivity that is accessible in rural areas and is a backup to DSL connections. To me, this doesn't sound like a sustainable business model...I think we've come a long way from the '56K modem' days so I can't see them doing anything spectacular...unless there's something big that I'm totally missing...
Comment by
vforvalue on Apr 19, 2008 11:28pm
Only $7.27? where did they get there numbers from? This seems really low, especially for a tech company!