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To: Anton who wrote (63)12/23/1999 1:14:00 PM
From: Gabe Heti  Respond to of 77
 
That's what I figure as well, but it is unclear if there is going to be a share exchange or what?

Has anyone called the company for clarification?



To: Anton who wrote (63)12/23/1999 5:59:00 PM
From: Gabe Heti  Read Replies (1) | Respond to of 77
 
I just talked to investor relations at UBTR. Fully diluted there are between 7.5 and 8 million shares. That works out to around $6 per share.

The deal is supposed to closed at the end of January. Should Shopnow go up in the meantime, UBTR shareholders will also benefit.

So $6 would seem to be a reasonable valuation for UBTR at this time.


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