Verifiable Market Asset Value: March 30, 1998 (AUGI) per share
WPEC = $5.9375 * 2 mil shares = 11,8750,000 / 11,149,000 or $1.065
Techstar/IDF = $2.375 * 6,171,553 = 14,657,438 / 11,149,000 or $1.315
equals $2.38 market value per AUGI share X 20% reduction for a holding company = $1.90 per share. Further market value % reduction because of Augi's management is hereby noted. At this point Exodus, Connectsoft are liabilities and look dead while Augi is trying to sell Interglobe for its book value.
At least at the last bid today $1.687, JTechkid is in the black .7 of a cent (.007) on his overall Augi investment <ggg>
|