SAMOA1 - A paper gain of $33.5 Million? ALDN owns 14% of WAVX according to cnnfn's "Market Guide." The report is current as of 3/13/99.
Based on the chart on that page, WAVX has seen a huge increase in trading volume since January 1, 1999, and the stock has gone from $3 to $12. That means ALDN's interest appreciated from worth slightly less than $11.2 million to slightly more than $44.7 million (for an unrealized capital gain of $33.5 million) over the last three months.
The other stock info posted there says:
"Equity:
Cl.A Common $.01 Par, 9/98, 50M auth., 26,621,411 issd. Insiders own 1%. Alladin [sic] Knowledge Systems owns 14%. IPO 9/94, 3,728,200 shs. @ $5 by Dickinson & Co.
Cl.B $.01 Par, 13M auth., 3,997,438 issd. Insiders own 57%. (As of 12/97) LTD: $522K @ 10%. Ser. A Prfd. $.01 Par, 360 issd. Ser. G Conv. Prfd. $20 Par, 150K issd."
Regards,
Harry |
