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Technology Stocks : Osicom(FIBR)

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To: Spank who wrote (3322)12/7/1997 10:35:00 PM
From: David Pawlak  Read Replies (1) of 10479
 
Spank- I believe it was you who asked the question of what ABCN's shares were worth...

According to a press release dated Oct 15, UCOM (United Communications PLC) bought 240 million shares of ABCN from the cash strapped M-Group for 3,099,600,000 Baht, or US$84 million, which equated to about US$.35 per share at that time. Right now the USD buys about 40 - 41 Baht, so the value now would be slightly less.

It took a little bit of digging and I apologize for taking so long to get back with you.
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