Aahh...iNEXTV (AXC) The NEXT Thing! Message Board

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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!

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To: Ed Perry who wrote (3862)	6/3/2001 1:33:22 PM
From: bootsup1	Read Replies (1) of 4169

Ed, Are you estimating just the internet portion incl ITG at 100 million? If so and call that (1)...and we factor in (2) the value of ADS - say 40 million and (3) the patents (12 million/yr capitalized at 8%) = 150 million (excluding expiration factor.....so I dont really know how to value the patent portfolio) (4) the Colorado Real Estate....value? I dunno....but supposedly enough to take out the bridge...so say 8 million.. I'm assuming all fixed assets are included in the above valuations.... the quarterly report listed assets at 33 million vs liabilities of 85 million (incl the bridge, the ltd senior notes and the pension liabilities)....the Patents were of course not valued.... ergo: considering the above bootup1 wag....we have potentially in millions: 40+150+8+100 = 298 million less 85 million in liabilites = 218 million divided by the 58.5 million common shares = $3.72 per share.... That sounds awfully high...so the patent portfolio and internet numbers are probably most unrealistic....I have thought in the past that the liquidated value would pencil out somewhere around $2. Meanwhile we do have a 48.6 million share float of which 7.4% is owned by institutions....and it will be interesting to see what impact if any the annual meeting will have on them this coming week. I have observed iWatch w/a constant 7 or 8 hundred thousand sell interest the past week....Probably some of the 7.4%....expressing their concerns about the going concern and delistment notices...

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