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Technology Stocks : UCOMA UnitedGlobalCom

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To: jjs_ynot who wrote (92)	2/7/1999 7:47:00 PM
From: steve host	Read Replies (1) of 489

Hmm what is Bid.com's book/break up value and profit margin. It's a laugh. The fact is the remaining debt (which obviously you ignore the value of their other assets) has absolutly no relation to the the ratio between 2/1 ratio between UPC and UIHIA. Again the debt figure is a FIXED component, it does not change with the price so you don't reduce the ratio of the value of the increase in UPC to UIHIA value. Again, we disagree and we will see who is correct this week - don't buy it or sell short I really don't care.

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