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 : Inference Corporation--Growing 100% and still inexpensive -- Ignore unavailable to you. Want to Upgrade?


To: 45bday who wrote (1239)5/12/2000 7:57:00 PM
From: appro  Read Replies (1) | Respond to of 1246
 
FWIW, the updated spreadsheet is at the end of this reply.

I suppose what EGAN does in the final three days between the end of the calculation period and the actual closing can best be described as just one more uncertainty (for now but not at the end). As described in the last paragraph of #reply-13542777 it is merely a necessary time period to get the correct closing prices, calculate the exchange ratio, verify it and then get the word out a day or so prior to the closing. We can buy or sell INFR before closing or EGAN after closing. It is just that sometime (three days or less) between the determination of the exchange ratio and the change to EGAN share we will be told the exact exchange ratio to be used. Not sure this answers your question other than to say my understanding is there is no period of time when we cannot sell or buy.

As for your second post re the float, EGAN has only 5.0MM shares in the float vs 28.71MM shares outstanding,
siliconinvestor.com

while the INFR has 7.0MM in float.
siliconinvestor.com

The float is "number of shares of a corporation that are outstanding and available for trading by the public, excluding insiders or restricted stock on a when issued basis. A stock's volatility is inversely correlated to its Float." siliconinvestor.com

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Updating the spreadsheet described in #reply-13542777

Date EGAN 20 da "=#EGAN INFR INFR premium EGAN vs
close avg shares implied actual act/impl avg20da
3/13 $53.13 3 da before
3/14 $55.50
3/15 $51.50
3/16 $47.63
3/17 $46.25
3/20 $38.00
3/21 $35.94
3/22 $42.63
3/23 $43.00
3/24 $40.00
3/27 $39.63
3/28 $38.88
3/29 $36.00
3/30 $36.34
3/31 $39.00
4/3 $32.50
4/4 $29.13
4/5 $27.25
4/6 $27.25
4/7 $30.00 39.4766
4/10 $25.00 38.0703
4/11 $23.63 36.4766
4/12 $19.00 34.8516 0.2292 4.35 $6.13 41% 48.1%
4/13 $20.00 33.4703 0.2377 4.75 $5.94 25% 52.5%
4/14 $18.00 32.0578 0.2481 4.46 $5.00 12% 49.3%
4/17 $13.25 30.8203 0.2596 3.44 $4.88 42% 38.0%
4/18 $16.25 29.8359 0.2703 4.39 $5.69 29% 48.6%
4/19 $17.69 28.5891 0.2822 4.99 $6.19 24% 55.2%
4/20 $16.75 27.2766 0.2936 4.92 $6.00 22% 54.3%
4/24 $15.00 26.0266 0.3033 4.55 $5.25 15% 50.3%
4/25 $18.06 24.9484 0.3165 5.72 $6.81 19% 63.2%
4/26 $17.06 23.8578 0.3317 5.66 $6.38 13% 62.6%
4/27 $16.75 22.8953 0.3476 5.82 $6.56 13% 64.4%
4/28 $16.63 21.9094 0.3627 6.03 $6.50 8% 66.6%
5/1 $17.25 20.8219 0.3793 6.54 $6.69 2% 72.3%
5/2 $18.00 20.0969 0.3952 7.11 $6.81 -4% 78.6%
5/3 $16.75 19.4781 0.4130 6.92 $6.56 -5% 76.5%
5/4 $16.94 18.9625 0.4345 7.36 $6.81 -7% 81.3%
5/5 $19.88 18.5938 0.4502 8.95 $7.44 -17% 98.9%
5/8 $21.00 18.1438 0.4645 9.76 $7.13 -27% 107.8%
5/9 $20.63 17.9250 0.4772 9.84 $6.81 -31% 108.8%
5/10 $17.75 17.6313 0.4866 8.64 $6.56 -24% 95.5%
5/11 $17.00 17.5313 0.4987 8.48 $7.00 -17% 93.7%
5/12 $16.75 17.3688 0.5048 8.46 $7.13 -16% 93.4%


5/15 $16.75 17.3063 0.5132 8.60 95.0%
5/16 $16.75 17.4813 0.5161 8.64 95.5%
5/17 $16.75 17.5063 0.5209 8.73 96.4%
5/18 $16.75 17.4594 0.5228 8.76 96.8%
5/19 $16.75 17.4594 0.5176 8.67 95.8%
5/22 $16.75 17.5469 0.5169 8.66 95.7%
5/23 $16.75 17.4813 0.5182 8.68 95.9%
5/24 $16.75 17.4656 0.5182 8.68 95.9%
5/25 $16.75 17.4656 0.5157 8.64 95.5%
5/26 $16.75 17.4719 0.5176 8.67 95.8%
5/30 $16.75 17.4469 0.5181 8.68 95.9%
5/31 $16.75 17.3844 0.5181 8.68 95.9%
6/1 $16.75 17.3844 0.5179 8.67 95.9%
6/2 $16.75 17.3750 0.5186 8.69 96.0%
6/5 $16.75 17.2188 0.5205 8.72 96.4%
6/6 $16.75 17.0063 0.5205 8.72 96.4%
6/7 $16.75 16.8125 0.5208 8.72 96.4%
6/8 $16.75 16.7625 0.5255 8.80 97.3%
6/9 $16.75 16.7500 0.5320 8.91 98.5%
6/12 $16.75 16.7500 0.5382 9.01 99.6%
6/13 $16.75 16.7500 0.5398 9.04 99.9%
6/14 $16.75 16.7500 0.5402 9.05 100.0%
6/15 $16.75 16.7500 0.5402 9.05 100.0%
6/16 $16.75 16.7500 0.5402 9.05 100.0%
6/17 $16.75 16.7500 0.5402 9.05 100.0%