Thursday, December 21, 2006

Napster (NAPS) To Be Bought at 100%+ Premium?

A new StreetInsider contributor, StockMasters.com, has an interesting analysis of Napster (Nasdaq: NAPS), which put itself up for sale in September. StockMasters said under one scenario the company could be bought for $7.50-$8.50. Another scenario suggests the company could show better-than-expected results. The doomsday scenario would be marked by no sale and the market being flooded with cheaper music services. The stock is currently at $3.67. Link to Article

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