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Technology Stocks : RSL Communications Ltd (RSLCF)
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To: Tom Hua who wrote (64)11/14/1999 10:06:00 AM
From: RockyBalboa  Read Replies (1) of 178
 
RSLC is a bit bigger than IDTC, in terms of O/S shares.

They own around 19.5MM DDDC shares, so that implies a gearing of 35% (before IPO, no discount applied). After NTOP, it is good possible that DDDC hits the market at $50, hence adding some book value ($17.5 without discount) to RSL.

RSL, a dog, rose a bit recently amidst buyout rumours, to $25 but gave back after earnings, only to rise again the last days.
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