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Non-Tech : Ingram Micro

IM 38.89

0.0%

Dec 13 4:00 PM EST

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To: Reseller who wrote (488)	2/12/2000 12:15:00 PM
From: E_K_S	Read Replies (3) of 576

Hi Reseller: Have you been able to verify Ingram's holdings in Softbank? I know that on their balance sheet they do not break it out as a separate line item. Standard accounting reporting have them carry this investment at COST rather than at market value usually under "other" investments. There has been some discussion that the current value of Ingram's investment (from Softbank) is now worth over $1.3 Billion or about $9.00/share! It may be worth a call to Ingram to verify their holdings(of Softbank) as this is now a significant asset in the company mix that would increase current book value of IM to $17.00-$20.00 per share! Has anybody done this? If so can you post Ingram's response. EKS

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