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 : eToys Inc. (ETYS) -- Ignore unavailable to you. Want to Upgrade?


To: Brasco One who wrote (1247)12/22/2000 12:50:52 PM
From: Aquaman  Read Replies (1) | Respond to of 1330
 
Etoys is a branded name with over 40% of customers re-peat buyers. It is prime for either merger or bailout. A company who wants into the on-line business will will pick them up. The "click" value of Etoys is well over .25 a share. Current mgt. may stay or go... only time will tell. Given the info that they have 90 days to figure it out someone will pick them up or give $ to carry on. IMHO



To: Brasco One who wrote (1247)12/22/2000 8:50:50 PM
From: RockyBalboa  Respond to of 1330
 
A muster case ....

Message 15075585

Virtually 310MM shares out - if the converts convert the convert at 18.75 (cents)...



To: Brasco One who wrote (1247)12/24/2000 8:15:37 PM
From: RockyBalboa  Respond to of 1330
 
IF etoys trades at 1/32 (yielding a conversion price of some 3 cents) then the convertible holders can easily "take it under" (or is the phrase "undertake it"?) by converting, as the about $27.7MM outstanding convertibles (Dec 14) can be converted into about 900 Million new shares. Bringing the % easily over 80% total owner ship.

All absolute values could be divided if... there is a R/S of 1:50 or 1:100 effected but the relative % in ownership won't change.