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To: cfoe who wrote (77786)7/25/2000 7:08:27 PM
From: Uncle Frank  Read Replies (1) | Respond to of 152472
 
>> The 100 million whatever ($ or shares) has to be a holding number.

Absolutely. That was confirmed during the conference call.

Note that my post was made at 5:26AM PDT, before the details were made available.

Now I think I'll take a nap <lol>.

uf



To: cfoe who wrote (77786)7/25/2000 9:27:23 PM
From: David E. Taylor  Respond to of 152472
 
cfoe:

The $100 million refers to the present estimate of the IPO shares, which will be only 10% of Spinco. And that's almost certainly a "light" number. The S-1 registration statement will give some detail.

David T.


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