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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (54093)9/27/2000 7:25:41 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
Not sure if I am reading it right, but it doesn't look like too much of a premium....but I admit, I may not be reading it right.



To: The Phoenix who wrote (54093)9/27/2000 7:28:39 PM
From: The Phoenix  Respond to of 63513
 
PIREY - there are 1.9B shares outstanding. It trades on the italian exchange in lira but appear to translate to about 3 dollars today which means a cap of just south of $6B. The company has a variety of businesses including
- tires
- submarine systems
- telecom
- energy
- motorsports

Here's their site.

pirelli.com

More info. there.

Basically when you consider all of their other businesses - $3.5B is a HUGE number! HUGE!


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