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To: garyb who wrote (7054)3/19/1998 9:15:00 AM
From: Buster  Read Replies (1) | Respond to of 27968
 
Has anyone tried to crunch the numbers that Intheflesh gave us?

.36 X 25 = $9.00 share price?
How does the merger work in terms of share exchange.

lets say we have 40mil shares / 4 = 10million shares.
Does that mean the original company only had 2mil shares outstanding
before the merger?

help.

buster

thanks fred comments from a true gentleman..........putting out
status on all subjects tommorrow.....as far as nasdaq situation
combined companies will have combine eps of 36 with a 25
multiple on 12 million shares on a 4 for 1 exchange ....do the math
my friend love you all



To: garyb who wrote (7054)3/19/1998 9:27:00 AM
From: Freddie Forte  Respond to of 27968
 
garyb....Speaking of momentum,that's about the only indicator that spiked up yesterday. Good sign. Price is still above moving averages. Good sign. On Balance, A/D line, Relative Strength are basically flat, however RS is still above 50. If anyone's into candlesticks, this run is shaping up identically to the last spike. Big spike, fill the gap, big spike. Well, we've ,basically, filled the gap again. Great support between .50-.55. I believe shares are beginning to accumulate in much sronger hands,so next spike may be...............?