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Technology Stocks : Digital Video Systems Inc (DVID)

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To: Aduke who wrote (133)10/8/2002 12:20:23 PM
From: ChrisJP   of 176
 
Digital Video Systems, Inc.'s Subsidiary Raises $12 Million on Korean (KOSDAQ) Exchange

biz.yahoo.com

If I read the news right, they got $12M from the IPO and they own half of a company worth $40M.

So DVID is worth at least $32M with 6M shares outstanding = $5.30/share. Not including the earnings they expect to see from the 1M loaders they are making each month.

Yet the stock is at $2.50. Go figure. Maybe its a buying opportunity gift for ya, Aduke !

Chris
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