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.
Pastimes : The Naked Truth - Big Kahuna a Myth
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wlheatmoon who wrote (48006)6/18/1999 12:41:00 PM
From: John Pitera  Read Replies (2) of 86076
 
IRID has 19.76 million shares if MOT owns 30% they own 5.928
mil shares Irid was at an average of 42 over the past 3 years so if it has declined by 35 bucks to 7 that is 35*5.928 million= or 207 million.

Mot has a market cap of 55 billion, so 207 is a small part of 55 billion, I'm sure Mot did not pay 42 for IRID, maybe Myth or Mohan or someone could comment about the accounting implications of how MOT would write of IRID and
IRID may not be dead, I don't know about that.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News