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Technology Stocks : GX Investors Thread -- Ignore unavailable to you. Want to Upgrade?

To: DWB who wrote (457)11/7/2001 12:21:53 PM
From: Jane4IceCream  Read Replies (1) | Respond to of 586
 
Two things...

Debt and Perception.

Jane



To: DWB who wrote (457)11/7/2001 12:47:39 PM
From: Umunhum  Read Replies (2) | Respond to of 586
 
You're assuming that they have an equal amount of shares outstanding.

According to Yahoo GX shares outstanding 887,300,000.
AX shares outstanding 581,900,000.

If GX owns 60% (I don't know the exact figure but this is close) of AX then GX owns 349,140,000 shares of AX. So every share of GX gives you 349.140/887.3 = .39 shares of AX or .55. So GX is worth .33 on its own.


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