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Technology Stocks : Harmonic Lightwaves (HLIT) -- Ignore unavailable to you. Want to Upgrade?


To: DiViT who wrote (3056)11/5/1999 3:20:00 PM
From: Daniel Levin  Read Replies (1) | Respond to of 4134
 
its more like .5427

Assuming 40 million Cubes outstanding

40,000,000 * .5427 = 21,708,000 HLIT shares for Divicom
21,708,000 * 59 = $1,280,772,000 Divicom's market cap.

$1,840,000,000 The current Cube's Mkt cap (40,000,000 * $46)
-$1,280,772,000 Divicom' Mkt Cap (21,806,439 * $59)
= $559,228,000 left for the chip biz.

40,000,000 = $13.98/shr of the remaining Cube.

Or so it appears to me..