Biotime-Nasdaq's best kept secret? Message Board

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Biotech / Medical : Biotime-Nasdaq's best kept secret?

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Nov 5 1:26 PM EST

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To: CMon who wrote (1277)	3/7/1999 9:37:00 PM
From: Angel D	Read Replies (1) of 1432

C'mon Simple Angel, simple math. 2000 rights = 100 shares@$875(mkt value of rights) + $975(cost of shares)= $1850 for 100 shares or $18.75 per share. DUMB! 2000 rights = 100 shares@$875(mkt value of rights) + $975(cost of shares) + 50 shares (oversubscription)@$487.50= 2337.50 for 150 shares or $15.58 per share. SMART? The greater the oversubscription, the greater the value of the rights to YOU. It's all up to what your investment plan is all about as to what value the rights have to YOU. Mark has gone into greater detail insofar as the commission and tax consequences. However, the simple math relates to your personal investment plan. It's up to you to do as you see fit. Best regards, AD

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