Autoweb - Stock Price

[Warriors3]

Hi,

Has anyone noticed Autoweb's stock price falling lately? Does anyone think they will get a bid from anyone? Trilogy? Any private guys?

It's $3. They have $2 in cash, and I'm sure the business is worth more than the $22m it's currently trading at.

The $100m leads business is probably solid?

 

[Alex Snyder]

I'm struggling to follow your post. It is certainly not the usual first post we get. But I love talking about this stuff, so please come back and elaborate.

 

[craigh]

This should help explain:



There's some talk that they're in a position to be acquired, despite cash on hand not being as bad as you might think. I believe they are one and the same with Autobytel now, which is a more recognizable name for some.

 

[Alex Snyder]

thanks @craigh

It was the

They have $2 in cash

that really threw me.

 

[craigh]

I think he's referring to them having $2m in cash available.
That said, I don't see that number published, so not sure of source.

 

[Rick Buffkin]

 

[Alexander Lau]