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To: siliconfx who wrote (72907)7/30/2001 2:10:02 PM
From: Fast Eddie  Read Replies (4) | Respond to of 122087
 
PNSA 13m shs outstanding correct. It's not a forward split so your calc. is incorrect. 500k x 26 = 13m
Fast Eddie



To: siliconfx who wrote (72907)7/30/2001 2:11:13 PM
From: Jim Spitz  Respond to of 122087
 
siliconfx,

regarding your comment on PNSA...

>>>>>>> PNSA...Pointe Nossa... Stock is up from 5 to 50 in a week or so, its doing a 26:1 split tomorrow. 500k outstanding now, 13M tomorrow

Based on your numbers, it looks to me like there would be 500K/26= about 20K shares outstanding after that split, not 13M.

Wrong, bucko, Deeber was right. 26:1 is forward split and 500k x 26 = 13 mill. Time to enter remedial math.

Stay in the Black! jimS