SI
SI
discoversearch

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.
Non-Tech : Wit Capital Group Inc - (Nasdaq - WITC) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (506)7/1/1999 5:24:00 PM
From: mod  Read Replies (1) | Respond to of 845
 
Nice article. I bet we see the "rabbit in the hat" this month.

mod



To: Mohan Marette who wrote (506)7/1/1999 5:55:00 PM
From: Henry Volquardsen  Read Replies (1) | Respond to of 845
 
good article but there is one error, I believe.

Goldman Sachs bought a 22% stake in Wit in a deal announced on Mar. 29. Post-IPO, it owns about 13% of the firm.

Prior to the IPO GS owned 16% not 22%. Their current stake of 13% is the post IPO dilution from 16%. They had and still have warrants that are exercisable into additional shares. If exercised they could raise their stake to @18%, I believe.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News