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Technology Stocks : Newbridge Networks
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To: Doug who wrote (6896)10/7/1998 3:50:00 PM
From: MD Bryant  Read Replies (2) of 18016
 
Doug, close.

Let's use your formula, with my numbers - I'm going to adjust a few - in particular the actual shares outstanding, which is 176,558,226 according to the Toronto Stock Exchange.

(177 * .09/(.58-.30))= $56.9mm, a variance of 6.7mm from your figures or approximately 11.5% less.

thoughts?
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