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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (27368)11/12/1999 3:53:00 PM
From: kumqwatt  Respond to of 108040
 
From ORCL thread : To: scott (12410 )
From: JSwanson Thursday, Nov 11 1999 1:06PM ET
Reply # of 12439

Scott,

In LBRTs July S-1A it stated that ORCL owned 19,851,265 shares or roughly 48.22% of LBRT. In LBRTs 10-Q, released in October, it states the following:

Based on 41,779,552 shares outstanding on August 31, 1999, Oracle beneficially owns approximately 47% of our outstanding capital stock.

That amounts to approximately 19,636,389 shares or about $2.14 Billion worth of LBRT. I assume they still own this or close to it until I see otherwise in SEC docs



To: $Mogul who wrote (27368)11/12/1999 3:54:00 PM
From: KevinMark  Read Replies (2) | Respond to of 108040
 
With just a little more buying, we would have hit $60, IMHO. Sometimes, no buying at all will shake people out, who would normally held. You know all to well, that kills a rally. I see it going higher from here though. When people understand the magnitude of wireless, they will see, WFII and eSPEcially SMRA will rock. :-)I can see WFII hitting $100 within a month and SMRA hitting $50 within 2.



To: $Mogul who wrote (27368)11/12/1999 3:58:00 PM
From: findstock  Read Replies (3) | Respond to of 108040
 
Yes Mogul on WFII only thing happening at EOD is the DUMP OUT AFTER everyone was hollering about it going up....so those who bought in the upper 40 are now dumping it leaving the rest of us with shares higher up