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.
Technology Stocks : Seagate Technology -- Ignore unavailable to you. Want to Upgrade?


To: SidStock who wrote (7371)1/19/2000 8:39:00 PM
From: Mark Madden  Read Replies (2) | Respond to of 7841
 
<SEG owns aprox 90M (post 3:2 split) shares of VRTS>

SEG updated the figure to 85M shares of VRTS at their conference call. They also mentioned the SEG shares outstanding are up to 216M from 208M. I think they issued shares of SEG to buy out SEG individuals that owned VRTS stock from the initial VRTS transaction.

This makes the current VRTS worth about(85M X $147.75)/216M = $58.14 per share of SEG.

Regards,
Mark