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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (27669)12/23/2001 6:03:42 AM
From: Crossy  Read Replies (1) of 29382
 
Sergio,
HHGP seems to be moving because of 3 incidents:

1) co. regularly buys back shares if NAV > HHGP Stock price
2) Nanotech field gets more exposure (NANX, CRDN and concept stock - no revenues yet - ALTI)
3) Nantero -one of HHGP's portfolio holdings - showed some promising future NVRAM concepts called "NRAM".

Actually convertible debentures is the "typical" venture type financing. Thus the venture firm gets a fixed interest plus "books" their share of the pie should the portfolio co. do a succesful IPO. Usually the NAV is calculated on current value of money invested - if the portfolio holding is a private entity. If a holding is listed publicly then it's market price of that holding. Since HHGP sold most of its holdings in publicly listed entities in the last 2 years you could assume that most of HHGP's NAV is in convertible debentures. That's ok with me and actually quite conservative accounting..

best regards
CROSSY
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