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Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT)
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To: Mohan Marette who wrote (228)2/7/1999 6:14:00 PM
From: speedbird  Read Replies (2) of 821
 
Bad Ph.D? Or was it you got the wrong # shares?

Schwab Analyst Center:
MMPT
Common shares outstanding (000) 10672

Briefing.com:
08:43 ET Modem Media.Poppe Tyson (MMPT): IPO of interactive ad agency prices at $16, well above the initial $11-$13 range.

Ok, lets say the editor of the S&P article was talking $12 when he said "expectd to price at", fair?

So what I said was that, based on what the editor is saying, there should therefore be $140x e6 /$12 =approx 11.5 million shares.

This roughly confirms the Analyst center number of shares!!

So I was exactly right about the estimated share price should be $59!

To be fair, Mohan you would have had exactly the right price prediction too, if you had the number of shares right, ie. 10.5 million not 5 million as you said!

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