Lightpath Technologies: LPTH New WDM player Message Board

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Technology Stocks : Lightpath Technologies: LPTH New WDM player

LPTH 8.340

+9.1%

10:51 AM EST

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To: Sir Auric Goldfinger who wrote (864)	4/19/2000 11:47:00 AM
From: James Bowser	Read Replies (1) of 1219

Actually the share count is about 12.7 million right now, and will increase about 3 million with the warrant call and another 2 million with the Horizon acquisition, for a total of close to 18 million shares outstanding. So the market cap is more around $450 million after these events at a current price of $25. << Betwen the Horizon Acq and the warrant call, share dilution up 46%! LPTHA had 8.673 shares out as of 1/28/00. The Acq. of Horizon adds 1.2 M out and the announced conversion of class B warrants (thank you Morty Davis) adds another 2.8 shares. Thuis another 4 million shares brings the total outstanding to 12.672 M At $25 per share that's $317 M How much in revenue did Horizon make? Oh yeah it's a new economy! Buy buy! >>

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