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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.
ARMH 71.10+1.1%9:46 AM EST

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To: ForYourEyesOnly who wrote (3)4/8/1998 2:11:00 PM
From: SteveG  Read Replies (2) of 912
 
<..RMBS has a similar revenue level with a market cap of $1B....>

-US tranch is 5.9MM
-the foreign tranch is ALSO 5.9MM
-assuming a 15% over-allotment allocation (green shoe) will be exercised, this would add another 1.8MM

So total S/O after offering will be ~45.5MM w/o green shoe, and ~47.3MM with green shoe.

At $21/share, we are already at RMBS's current market cap... so much for being able to ride a valuation differential... especially since I expect it will price in the 20s, will open several to many higher, and MAY do so on a larger float to fill demand.

BTW, it looks that it will likely now price until Tues for Wed of next week (unless they get it snuck in tomorrow which I'm hearing today probably WON'T happen, even though allocations are already out)

And I appreciate your input, THC ("Man"?)

Ookini,

Steve
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