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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: kathyh who wrote (198)3/24/1999 9:18:00 AM
From: Glenn Petersen  Read Replies (1) of 108040
 
OTEX, which closed yesterday at 24 15/16, has 20,187,000 shares outstanding and a market cap of approximately $500.0 MM. They own 885,201 shares of MINE. If MINE hits $50, it only adds $2.19 per share to OTEX. These backdoor plays generally sell off on the IPO day.
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