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Technology Stocks : Excel Communications
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To: Rob S. who wrote (2726)6/18/1998 2:32:00 PM
From: Richard V Davis  Read Replies (1) of 2806
 
To All:

I am confused. Excel does not seem to be properly valued the last few days. For example, TGO is trading at 28.5 most of today, which gives a value for ECI of $ 25.22, not $ 24.25-24.375 as most of today's trading has been. My calculation is $ 28.50 time 0.885.

Can someone explain to me? Thank you
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