DSSI/DATA Systems & Software Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DSSI/DATA Systems & Software

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jtechkid who wrote (638)	6/4/1998 2:34:00 PM
From: yosi s	Read Replies (1) of 1061

JT I guess you asume that the New Jersey electric co. is ps&g. Do you know who the overseas investor will be they will hold 40% of comverge. according to globes article, comverge wii be held if financing goes thru Decision System 40% Overseas investors 40% DSSI 8% NJ electric co 4% Employees 4% Since DSSI hold 76% of Decision, its share of comverge will be 38.4%. value of comverge is given as 56 million it gives dssi value in comverge at 21.5 million. Not bad for spending 7 million dollars. that is the type of return I would like to see not the likes of cybercard and phd. Though the placement still has to take place. I guess that is where they are hurting, they need 22.4 million Basiclly the sale of TSEMF. I guess DSSI management would rather give up 40% of comverge with its potential as oppose to selling tsemf and having money in house.. DSSI are hedging TSEMF; according to Potential up side in TSEMF better than Comverge.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next