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Gold/Mining/Energy : Datamirror (DMCX) (T.DMC) -- Ignore unavailable to you. Want to Upgrade?

To: JayPC who wrote (486)	7/17/2000 9:43:46 PM
From: Carl R.	Read Replies (1) \| Respond to of 603

Jay, one thing to keep in mind is that odd as it may seem, when a subsidiary IPOs, usually the parent only reflects about 1/2 the value of it's holding in the sub. I've actually seen cases where the subsidiary was 85% owned by the parent but the subsidiary had a market cap substantially higher than the parent. This is presumably because the parent could never sell it's holding for full value. Thus if the PointBase holding is worth $100 million, you should only expect to see about $50 million of value reflected in DMC. Carl