SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : V.LKC - Interactive TV, wireless ISP
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roman who wrote (9)3/10/2000 10:47:00 AM
From: HubTech  Read Replies (1) of 68
 
No, I don't know the float, but here's some rough figures. I'm waiting for the next Form 61 to come out, should be shortly. Rough calculations suggest shares outstanding to be about 90 MM. A lot of those are held by insiders. About 60% by previous shareholders of Look and about 40% by previous holders of I.D. Internet Direct. (The figure of 90 MM was derived from IDX's shares o/s (~36MM) as 40% of the total).

As Look was a private company, that 60% will still all be in the hands of insiders, and if we assume that at least half of the remaining 40% was in the hands of insiders then we can deduce that the public float is no bigger than 20% or 18MM.

Keep in mind that I'm no securities expert and may be completely off base with these calcuations for any number of reasons.

... HubTech
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News