Comments on: LEND: Accredited Lives to Fight Another Battle http://stockmarketbeat.com/blog1/2007/03/16/lend-accredited-lives-to-fight-another-battle/ Our beat: The stock market. Our job: Beat it. Tue, 07 Oct 2008 23:00:51 +0000 http://wordpress.org/?v=2.2.1 By: Trent http://stockmarketbeat.com/blog1/2007/03/16/lend-accredited-lives-to-fight-another-battle/#comment-20686 Trent Mon, 19 Mar 2007 12:55:54 +0000 http://stockmarketbeat.com/blog1/2007/03/16/lend-accredited-lives-to-fight-another-battle/#comment-20686 They aren't talking about buying the whole company - just a large chunk of its loan portfolio. They don't have to take management with it, and they get "a substantial discount" for taking on the risk. What the deal shows is how much value there truly was there, and how stoooopid the valuation was only days before. They aren’t talking about buying the whole company - just a large chunk of its loan portfolio. They don’t have to take management with it, and they get “a substantial discount” for taking on the risk.

What the deal shows is how much value there truly was there, and how stoooopid the valuation was only days before.

]]> By: JoeLinder http://stockmarketbeat.com/blog1/2007/03/16/lend-accredited-lives-to-fight-another-battle/#comment-20649 JoeLinder Mon, 19 Mar 2007 05:08:30 +0000 http://stockmarketbeat.com/blog1/2007/03/16/lend-accredited-lives-to-fight-another-battle/#comment-20649 Why would a GS or anyone for that matter place a value of $10 (or more) when the market valued it at $3.50 days before and the only thing of any value ($2.7 billion in loans) have been sold. We already know a GS wouldnt view the management as an asset - look what they've done for LEND! So, the markets current stock valuation based on a buyout rumor is stooooopid! Why would a GS or anyone for that matter place a value of $10 (or more) when the market valued it at $3.50 days before and the only thing of any value ($2.7 billion in loans) have been sold. We already know a GS wouldnt view the management as an asset - look what they’ve done for LEND! So, the markets current stock valuation based on a buyout rumor is stooooopid!

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