SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: Valueman who wrote (2820)4/29/1998 5:48:00 PM
From: DMaA  Respond to of 10852
 
Ah, been gone a week, got some catching up to do. According to Geoff's #2768 on the Soros deal:

Of course, this deal is not certain, as the G* partners need to decide whether to accept the offer.

Anything changed since Tue?



To: Valueman who wrote (2820)4/30/1998 6:19:00 AM
From: Thomas  Read Replies (1) | Respond to of 10852
 
Valueman, I agree with your assessment of the dilution issue, but it does also mean that current shareholders see dilution of their ONSI, SatMex, C* etc. assets in a trade for a greater proportion of G* ownership (as you point out, at a great price). Not a bad trade. Maybe Bernie will use some of that extra cash to buy into Latin America privatizations. . .
Cheers,
Thomas

P.S. *way* off topic, but check out CGIX. The stock had fallen out of bed on a bad 4Q, but yesterday posted a strong rebound quarter. CGIX is an IT consulting company and is trading at a little better than 1x revenues compared to peer group average of 3-4x. Yes, I am long CGIX. Nice little story.



To: Valueman who wrote (2820)4/30/1998 9:36:00 AM
From: E Haiken  Read Replies (2) | Respond to of 10852
 
I agree with you completely that there is no dilution. Some seem to feel that any
increase in shares issued is automatically dilutive, totally ignoring what is
being received for the new stock issued (in this case, cash) & what will be
acquired with that cash. Cash in Bernard's till is never dilutive.