Shawn Murphy's bulls and bears Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Shawn Murphy's bulls and bears

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jay D. who wrote (93)	3/13/1997 7:49:00 PM
From: Shawn Murphy	of 113

Jay, I am not sure I understand what you mean ? WWC is not a public company and its shares outstanding are currently about 40 million with the allowance of a additional 20 million shares. The private placement is ONLY 2 million shares. USAG is a public company with approx. 20 million outstanding. They can issue up to an additional 100 million shares if needed. From what I understand the 8 to 1 exchange is ONLY for the 2 million private placement shares. therefore, 2 million shares of WWC will be exchanged for 16 million shares of USAG. There is not going to be two different companies they are going to do a reverse merger into one, and the symbol it will trade under is USAG. I don't understand what you mean about dilution? If anything USAG has to allocate more shares to cover the total WWC shares. Worth of WWC? Okay, I based the $12~$18 figure on information I was able to get regarding the companies assets and liabilities and cash flows and other such details. However, none of this information is public and I am not able to discuss it. BUUUUUUT, there is another way that I can show you that my $12.00 est. is a very conservative one. In the Mar 12, 1997 press release, WWC said that it expect to have 100 million in total revenue with approx. 80 million of that to the bottom line. techstocks.com Now if you take the 80 million dollar figure and divide it by the total number of shares that may be allocated by WWC, 60 million. (40 million outstanding & additional 20 million available). you will get $1.33 earnings per share ($80 mill / 60 mill shares) Now at a modest P/E of 10 you would get a value of price of $13.33 I don't know if this helps or not.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next