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Microcap & Penny Stocks : MECHANICAL TECHNOLOGY (MKTY)
MKTY 12.23+4.4%Nov 1 5:00 PM EST

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To: Glenn Petersen who wrote (430)10/21/1999 8:35:00 PM
From: Mad2  Read Replies (1) of 542
 
Glenn, you could add UCOMA/UPCOY to the list
Market value of UCOMA (Parent) - $2.62 bil
Market value of UPCOY (Spin) - $9.2 bil
Market value of UCOMA's shares of UPCOY - $4.3 bil
In addition to UPCOY, UCOMA has holdings in Austar and operations in Latin America that are conseratively worth 700-1000 mil.
Discount of 30% min applies to holdings of parent, as in this case the discount can run in excess of 50%
Regards,
Mad2
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