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Non-Tech : Friedman, Billings & Ramsey (FBR)
FBR 17.01-2.2%Jan 3 3:00 PM EDT

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To: psyduck who wrote (151)2/10/2000 7:05:00 PM
From: astyanax  Read Replies (1) of 173
 
Believe it or not, it was me who wrote that post, and it's one of the dumbest posts I've ever written (particularly that part). I was outright wrong, I'm finally combing thru FBR financials now to get a handle on things, particularly the relationship between FBR and FBRTV. In the meantime, I've made a few calculations and am a bit surprised with what I've found. Assuming AETH's current price and assuming (this is a very BIG if) that WEBM will hit $125 tomorrow, then the FBR*TV* stake in those 2 will be:

AETH $203.5 million
WEBM $345.4 million
Subtotal: $548.9 million
Current FBR mkt cap: $880 million

again, i don't know if everything or just a portion of what's in FBRTV get passed up to its parent FBR. though for the mkt cap, it looks like FBR will already gap up tomorrow, if after-hours trading was as good as I've heard.

- Netconductor.com

>>psyduck wrote:
OTOH, FBR Technology Ventures is said to be a "tiny" part of FBR:

Message 12652913

...hmmmm.

p
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