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Technology Stocks : ICO Global Communications, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (57)11/11/2000 10:52:09 AM
From: Rocket Scientist  Read Replies (1) | Respond to of 70
 
ICJA seems to be the symbol for new ICO....though I haven't gotten any confirmation that it's actually trading, or where.

All I know for sure is that for each share of old ICO, I received 0.00963298 shares (rounded down to the nearest integer) of new ICO and .03612716 six-year warrants (rounded down to the nearest integer) to buy ICGA at 90$. This seems consistent with the reorg plan. Since my initial position in old ICO was small to begin with, the new securities are probably worth substantially less than it would cost to sell them.