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Strategies & Market Trends : Pluvia's Fist.com - Pluvia's Plays & Portfolio

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To: RockyBalboa who wrote (662)6/24/2000 11:18:00 AM
From: Smartypts  Read Replies (1) of 1766
 
METHA calculations: Check me on this would ya.

Number shares owned 85% of co STLW

STLW offering: 8,750,000.
85% = 7,437,500
7,437,500 Div by Metha Shares out (35.57) = 223,125,000.
223,125,000 x estimated STLW price (lowball $30) = 66.93

$40 (Metha before run up) + 66 = $106.

We did this on a few IPO spinoffs on PALM etc on WSS and we hit or surpassed out targets. Markets different now and don't see any estimates on STLW but if someone can check the formula (Im rusty on it) and calculations it would give us a idea. thanks
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