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Technology Stocks : Point West Capital (PWCC) -- Ignore unavailable to you. Want to Upgrade?


To: Bo Le who wrote (339)7/2/1999 10:42:00 AM
From: Bo Le  Read Replies (1) | Respond to of 345
 
Sorry, a type in my previous post. Each FLAS at $29 gives about $10 to each PWCC share.

Bo



To: Bo Le who wrote (339)7/2/1999 10:49:00 AM
From: Glenn Petersen  Respond to of 345
 
At yesterday's close of 28 7/16, the 1,120,266 shares of FLAS held by PWCC have a gross value of approximately $31.856 MM. You need to discount that amount by 40% to account for liquidity and tax issues, and you have a value of $19.115 MM, or $5.75 per PWCC share.

I don't own any PWCC and the above is JMHO.