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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce
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To: CYBERKEN who wrote (536)7/12/1998 8:52:00 AM
From: 24601  Read Replies (1) of 2752
 
Dear Cyberken, Mark, DeWave, Kcgiant, and Doc:

I agree that 4.8 million shares are 4.8 million shares, regardless of what fraction of equity in the company they represent.

I agree that, at $10 per share, such a block represents $48 million dollars, regardless of what fraction of equity in the company it represents.

So the answer that two of you are tired of giving, and that one of you has equably given 100 times, is logical.

But it does rely on an assumption -- probably a perfectly valid one, but an assumption, nonetheless -- that existing shares in Digital River will relate 1-for-1 with IPO shares.

Best wishes.
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