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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Ed Ajootian who wrote (54741)11/14/1999 11:19:00 PM
From: Gary Burton  Read Replies (1) of 95453
 
fwiw--At Mar31, MDR Consolidated had a Bk Value of $794MM plus another $195MM in Monority Interest (JRay), for a total of $989MM.--JRay for its part had a Book Value of $687MM---leaving $300MM for the rest---of that,$15MM was equity in non-power affiliates, leaving $285MM----Power assets were 63% of the sum of Power+Industrial+Gov't----so 63% of $285MM=$180MM appears to be a reasonable estimate of the Book value of BW at Mar/99---as i said--fwiw
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