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Strategies & Market Trends : Value Investing

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To: Joel Green who wrote (3333)	3/25/1998 8:31:00 PM
From: Paul Senior	Read Replies (1) of 78482

Joel Green: re. EMITF this post #3333. Could you (or anyone else)help me understand further? my ref.: biz.yahoo.com ELITF in your post is a typo: s/b EMITF, right? (trading at about 7.1/4 today) Looking at balance sheet numbers in my ref. above, the report states that numbers are in thousands. That's an incorrect year-end report: should be millions, right? (Can't be that total assets + lia = $540 thousands, right? Do we know what Elbit is giving up on its balance sheet in return for the $230 million dollars which is $10.75/sh.? They will give up some assets sure, but will they have to pay off a lot of the $240 + 32 MILLION in current + long term liabilitiess??? What's your opinion of the deal now that it's a month later and scheduled for closure in a few more days (I believe)?

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