RE: Spectrum acquisitionGSM's acquisition looks very good to me. Strategically, company expands into related business. IMHO, Reasonable or Fair price for Spectrum based on anticipated revenues. However, as private company, no details on profitability. Diversification of revenue (and income) stream. Appears to have been a past working relationship with GSM. Technological innovations. Lots of synergies and growth opportunities. Cash payment probably out of future GSM cash flows. Ideally, GSM can continue to avoid or minimize the use of long term debt.
After what we've seen recently, A Very Pleasant Surprise !!
Congratulations are in order.
lookin' good
sizzlin'