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To: teevee who wrote (24407)9/10/1999 1:13:00 PM
From: Sam  Respond to of 26850
 
Sure looks good from here .I would guess that the 16% would be all profit for WSP ,
SAM



To: teevee who wrote (24407)9/10/1999 1:23:00 PM
From: Lorne  Respond to of 26850
 
teevee - I don't get the math.

68% of Snap = NPV of $7.25/sh
84% of Snap = NPV of $25/sh

This seems to imply that the contested 16% is worth almost triple what the other 84% is worth. I've heard of the "New math" but this is ridiculous.



To: teevee who wrote (24407)9/10/1999 1:32:00 PM
From: gemsearcher  Read Replies (1) | Respond to of 26850
 
Hi Teevee.

I am as perplexed as Lorne - unless ABZ has a carried interest (does it?) , CC's math doesn't seem to make sense - what are we missing?

TIA and Regards.