SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Point West Capital (PWCC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Impeccable who wrote (18)2/2/1999 8:57:00 AM
From: .com   of 345
 
I guess "impeccable" is not a term used to describe your financial analysis skills or your reading level.

I used $30 as an example of where FLAS could trade at for a mathmatical model to determine the value of FLAS to PWCC ($3). I also used a $60 value of FLAS as an example (worth $6 alone). I used the potential trading price of FLAS and mutliplied it times the number of shares that PWCC has and then divided this figure by the number of share PWCC has. I am not even throwing in there the discount factor that gets built into arbitraging such deals (and yes, I have spoken with folks who do arb deals for a living about how to properly value such spin-offs). You, you are pulling an arbitrary market value of FLAS out of thin air.

Also, I never said PWCC could not or would not trade higher. I indicated it probably will based on hype and day traders and not true value.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext