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Technology Stocks : Odetix (ODETA) best in mass data storage, going up!!! -- Ignore unavailable to you. Want to Upgrade?


To: Ellen Bicknell who wrote (440)10/22/1997 11:05:00 AM
From: Greg Thornton  Read Replies (1) | Respond to of 529
 
Ellen,

Take a look at the ATLPA thread:

Subject 13340

The original number of IPO shares was only 1.65 million. The total number of shares after the distribution to ODETA shareholders will be just under 10 million.

There will be no dilution, only an increase in the float, since they have used the 10 million share number from the beginning to caluculate per share data. The increase in the float will be good for ATLPA since some institutions have minimum float limits on what they can buy.

Greg