Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE! Message Board

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Technology Stocks : Data Race (NASDAQ: RACE) NEWS! 2 voice/data/fax: ONE LINE!

RACE 381.48

-1.9%

Nov 24 3:59 PM EST

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To: HERNST BELLEVUE SR who wrote (32646)	7/9/1999 1:41:00 AM
From: Marshall	Read Replies (1) of 33268

At present Yahoo shows the total shares as what I used in the calculation. I'm unsure if that's been updated to include the June 25th deal since I don't think those shares are registered yet but I believe all the others are. There may still be some warrants kicking around somewhere but there was never a high number of them available. Our only real difference is figuring the total amount of shares that would be used in the formula. What doesn't make sense is if by saying "capital raised" they mean all the private offerings and the equity deal on 06/25 since it doesn't add up. Somebody's got to get the straight poop on this and put it into wording that everyone can understand. Whatever happened to that new SEC directive requiring the use of "plain english" in filings? Another thing that doesn't make sense - if you sell a company for $8/share how could the shareholders get paid less than that? This "money pool" has to come from somewhere and it certainly wouldn't be able to be met by insiders exercising their options. I think we're missing something here.

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