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.
Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?


To: M. Merriam who wrote (924)11/22/1999 10:50:00 PM
From: speculatingvalue  Read Replies (2) | Respond to of 1762
 
The difference between your figure and mine is the 6% for insiders.

I think management is doing an outstanding job with this structure, but aren't they taking value away from us?

We own 100% of TSI now. We are going to give up 30% of it and retain 64%. Somehow, we gave 6% of TSI to management.

Seems like a bit of a rip off!