CYRIX / NSM Message Board

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Technology Stocks : CYRIX / NSM

NSM 18.27

0.0%

Jul 31 5:00 PM EST

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To: Joe NYC who wrote (31595)	4/21/1999 3:16:00 PM
From: Paul Engel	Read Replies (1) of 33344

Joe - Re: " NSM didn't fork over $550M. NSM handed over (or more preciely, pulled out of thin air) NSM shares that at the time were worth that much. Now the same shares would be worth only a little over 1/3 of that. No money changed hands." The $550 Million was the purchase price. It is reflected in the DILUTED earnings per share - due to the increased number of shares. Of course, NSM's LOSSES are what have been diluted. And NO - the money was NOT pulled out of THIN AIR. It came right out of NSM shareholder's pockets. Paul

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