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Technology Stocks : Ross Technology? Let's talk!
RTEC 28.50-0.5%Oct 25 5:00 PM EST
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To: Mark T. Heath who wrote (41)5/15/1996 9:50:00 AM
From: MRO0054   of 475
 
How do you arrive at a float of 18 million shares?

In their last earnings report, Ross reported 23.972 million shares outstanding. Of these shares, 61% are owned by Fujitsu, 5% by Sun, 17% by employees, and 17% by the public. These publically owned shares are what I would consider to be the "float", and for Ross, I would consider the float to be 17% of 24 million or about 4 million shares.

Are we using different figures or terminology (for "float")?

Randy
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