AWE - ATT Wireless Message Board

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Technology Stocks : AWE - ATT Wireless

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To: cicak who wrote (6)	4/2/2000 4:12:00 PM
From: Pullin-GS	of 329

I have not received any notices on what current T holders will get as an exchange offer or a dividend. I am a long-time shareholder of T. My math shows that there will be over 1.6 billion shares total available of AWE after the ~20% of the IPO distribution. I came up with that figure by multiplying 400MM X 4. 400MM being approximate 1/5 (20%) of the shares outstanding. That leaves 4/5s of the shares remaining for T do do as they like. Currently the shares outstanding of T is 3.2 billion shares. That leaves approximately 1/2 share af AWS for every share of T. If the shares are to be distributed (no exchange) evenly to all T holders, a dividend of approximately 1/2 share for each share of T they hold possibly could be received. This is conjecture at this point, for I have no other information to go by from T. Regards...

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