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Non-Tech : VVTV - VALUEVISION INTL INC

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To: E Newman who wrote (16)1/5/1998 10:12:00 PM
From: Paul Senior  Read Replies (2) of 36
 
Thread: HEY! NM? Say wha? I don't understand it and I don't like it. I leave it to the experts here to figure out this just announced VVTV-NM combination. But right now, with NM = 3.1/2 and VVTV getting 1.19 to NM's 1.00 ratio in the new company, that means VVTV is worth $3.86? And that's a figure which depends on whether VVTV and/or NM rise or fall? Great... now my investment depends on NM's share price too. I don't see where value is surfaced for the stockholders (me!) The joint thing will STILL be undervalued. Until NV spends our money??? Well okay... maybe I just don't know what I'm talking about-- I leave it to some of you more knowledgeable folk to explain the benefits. Paul Senior
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