MTNT: Motient Corporation Message Board

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Technology Stocks : MTNT: Motient Corporation

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To: Dorine Essey who wrote (54)	4/2/2002 10:08:18 PM
From: 45bday	of 55

Just looking at this disaster and trying to see if any value is possible. It looks like we will get 5 ml. shs ( warrants )for the 50 ml. shs. currently outstanding so we will each have approx. 1/10th the number of shs we own now if we exercise. Once the value gets to the $386 mil. or approx. $4 per sh. ( 100 mil new shs going to debt holders ) we can exercise our warrants if we choose. 1/10th of $4 is $.40. Not much. Does anyone have any thoughts on whether this can ever be a $400 mil company - let alone more???

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