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Technology Stocks : CDMA, Globalstar versus Iridium, Inmarsat, etc.

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To: Don Limb who wrote (56)1/9/1997 11:51:00 PM
From: Reagan DuBose   of 381
 
Don, ole buddy...

Market value of GSTRF = share price(G) * #shares(G)
Loral's portion = .34[shareprice(G) * #shares(G)]
Loral's portion per Loral share = Loral's portion/#shares(L)

Your $34 value would only be valid if #shares(G) = #shares(L)

...or so it seems to me. I don't have the number of shares outstanding for each company right at hand, but you can do your own calc easy enough.

By the way, I finally had photos from our trip developed; you look pretty good for a cowpoke! I'll send you some prints.

Reagan
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