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Non-Tech : Marvel Entertainment (MRV) - Turnaround in Sight! -- Ignore unavailable to you. Want to Upgrade?

To: 90L43G6 who wrote (198)3/6/1998 9:24:00 AM
From: Martin Wormser  Respond to of 251
 
Dan, I agree with you about the company. From what I read so far,
there will only be 19% of the new company stock going to Marvel common shareholders, maybe. Since there are approx. 100 mill shares out, this is a 1 for 5 reverse split.

You're right, trading at a $1 per share now, a 1 for 5 reverse split will give you $5 per share of the new company. That's if we really get anything. It doesn't matter what rich fat cat owns the company.
He will always try to screw the common stockholders. Why? Because he can.

I would suggest that you buy something else with your money.

martin



To: 90L43G6 who wrote (198)3/10/1998 11:22:00 AM
From: hoyasaxa  Respond to of 251
 
I've been saying the same thing for a long time but hard to argue with the analysts who point out that the bonds selling for huge discount, the equity being fundamentally worthless.


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