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.
Non-Tech : Friedman, Billings & Ramsey (FBR) -- Ignore unavailable to you. Want to Upgrade?


To: psyduck who wrote (151)1/26/2000 2:19:00 PM
From: k.p. chen  Read Replies (1) | Respond to of 173
 
FBR owns 10.8% of webmethods, which will be IPO on Feb 7, and it will be the hottest for 2000. FBR will shoot to the moon! yes, baby!



To: psyduck who wrote (151)2/10/2000 7:05:00 PM
From: astyanax  Read Replies (1) | Respond to of 173
 
Believe it or not, it was me who wrote that post, and it's one of the dumbest posts I've ever written (particularly that part). I was outright wrong, I'm finally combing thru FBR financials now to get a handle on things, particularly the relationship between FBR and FBRTV. In the meantime, I've made a few calculations and am a bit surprised with what I've found. Assuming AETH's current price and assuming (this is a very BIG if) that WEBM will hit $125 tomorrow, then the FBR*TV* stake in those 2 will be:

AETH $203.5 million
WEBM $345.4 million
Subtotal: $548.9 million
Current FBR mkt cap: $880 million

again, i don't know if everything or just a portion of what's in FBRTV get passed up to its parent FBR. though for the mkt cap, it looks like FBR will already gap up tomorrow, if after-hours trading was as good as I've heard.

- Netconductor.com

>>psyduck wrote:
OTOH, FBR Technology Ventures is said to be a "tiny" part of FBR:

Message 12652913

...hmmmm.

p