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Technology Stocks : INTERNET ASIA + Indexes

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To: strtrset who wrote (260)	4/10/1999 12:02:00 PM
From: Francois Goelo	Read Replies (1) of 1567

Doug, just re-read your very informative post #82... and I seem to have a "new" problem. They are looking for a PP of 12 Millions. That's going to dilute the outstanding shares to hell and possibly cap the share rise for the next 6 months. If we assume the PP shares are discounted to, say 40 cents, the PP would add 30 Millions shares to the outstanding for total of 54 Millions shares. Investors would have to probably wait a year or so, to see earnings directly derived from that PP to begin accruing to the bottom line. Can you find out at what rate that PP is actually being done, since, if you plan to be a long term investor, that may be the way to buy into the Company. Regards, F. Goelo + + +

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