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Technology Stocks : HWTO/CITN -- Ignore unavailable to you. Want to Upgrade?

To: Pami who wrote (6)	1/6/2000 10:42:00 PM
From: smueller	Read Replies (2) \| Respond to of 23

So, the end result (I think) is that for every 1000 shares of CITN one held on 3/18/99, one has 95.24 (1000*4/42) shares of How2.com. Is that right? -S

To: Pami who wrote (6)	1/6/2000 10:47:00 PM
From: smueller	Read Replies (1) \| Respond to of 23

So... assuming that HowTo.com would be worth as much as Learn2.com, $200 million (big assumption)... with 40 million shares outstanding, that's $5 a share... so we end up with about $500 per 1000 shares... and since those shares cost us about $2 at that time, that's a 25% dividend. Not bad I suppose... Of course, I'm totally leaving out the fact that they need to issue more shares for an IPO... details, details... I'm just taking a SWAG here... feel free to correct me... -S