Aladdin Knowledge Systems (ALDN) Message Board

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Technology Stocks : Aladdin Knowledge Systems (ALDN)

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To: jsabelko who wrote (323)	4/1/1999 9:53:00 PM
From: OpenSea	Read Replies (2) of 351

Joby--I sure hope you are right. If ALDN has the 1.2 million $1.75 warrants, they are currently worth about ($21.75 [today's closing price minus $1.70] times 1.2 million = $26,100,000) plus the other warrants (1.1 million times a fifteen day average of something like 17 subtracted from the current price of 23.5 [6.5] = 7,150,000) which equals $33,250,000. Thirty three million bucks! For a company with 10 million outstanding shares that means over $3 a share at current valuations. Not bad. I'll pay $12 for a share of this company with those securities factored in for sure...it's even better when I consider the possible revenues from the percentage of WAVX's sales. James

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