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To: Bill Harmond who wrote (85105)11/24/1999 1:01:00 PM
From: Danny  Read Replies (1) | Respond to of 164685
 
So, does ICGE 120-130 look like a plausible scenario?



To: Bill Harmond who wrote (85105)11/24/1999 1:13:00 PM
From: Robert Rose  Respond to of 164685
 
<Secondary financings. >

Perhaps wrt investor sentiment. But wrt actual dilution, the secondary looks pretty modest, adding 'just' 6M split-adjusted shares. This would increase the post-split float from 30M to 36M shares (20% addition), and the post-split shares outstanding from 253M to 259M (3% addition).

Jan, you probably know more about this. Wouldn't you consider a secondary that increases the float 20% to be modest?


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