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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (1019)1/13/2000 1:49:00 PM
From: SIer formerly known as Joe B.  Read Replies (1) | Respond to of 1502
 
StarBase will issue its stock in exchange for ObjectShare stock at an anticipated enterprise value of $7.5 million, with a
minimum of $6.15 million and a maximum of $8.85 million based upon the average trading price of StarBase stock prior to
the closing. The transaction, which is subject to ObjectShare stockholders' approval and certain other conditions, is expected
to be completed in early 2000.

I figure between the end of Feb and the middle of March.

biz.yahoo.com



To: JakeStraw who wrote (1019)1/13/2000 1:52:00 PM
From: SIer formerly known as Joe B.  Read Replies (1) | Respond to of 1502
 
OBJS has 12.5 mil shares outstanding
The expected price is 7.5m

7.5/12.5=.60/share


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