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Technology Stocks : QXL.Com (QXLC) - euro ebay?
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To: donkeyman who wrote (213)11/18/1999 10:46:00 PM
From: blankmind   of 306
 
my fault. each adr = 5 of the euro shares. hence to have the 5.6 million adrs, there are 28 million euro shares backing them up to do the 1 adr = 5 london share math.

only 22 million adr shares (if all shares were adr), and qxl value remains under 850 million. of course it is more than shares (tiny foat compared to others) where qxl float is amongst 3 countries, but also the model and growth qxl is showing.

i agree with you, it is crazy how almost no none flipped their shares and how we were able to pick them up at ipo price. go figure.
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