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.
Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: pbull who wrote (1696)6/10/2001 10:38:20 AM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<At 30 bucks, mkt cap would be $8.4 bil (280m shares out). Had earnings of $2 bil last year, not counting Nabisco, which is now part of Kraft.
Are these numbers correct? I'm literally scribbling on the back of an envelope. Sure seems reasonable.>>

Actually, if it was only valued at $8 billion, I'd buy as many shares as I could......Phillip Morris is only letting go of 20%, the other 80% they will retain......so actually, market cap would be a little over $40 billion.......sounds like alot, but look at smaller food and drink companies currently valued at over $100 billion.....looking at it like that...it still seems reasonably valued.....but I just dont know how the street will take all this.......part of me is thinking, if shares are readily available to any normal joe at most of the major houses taking part in the underwriting, what will happen to price when it opens for trading........opinions anyone?

TIA