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To: Tom R. Clarksburg who wrote (62)5/6/1998 4:38:00 PM
From: The Perfect Hedge  Read Replies (2) | Respond to of 44908
 
I though the deal was based on the $2 price too.If IR told you that why are you asking us?Not trying to be a jerk just wondering what you're still questioning?GD



To: Tom R. Clarksburg who wrote (62)5/6/1998 4:46:00 PM
From: Redman  Read Replies (1) | Respond to of 44908
 
A stock buyout or $2 per share on a $15,000,000 deal would be the issuance of only 7.5M shares (7.5M X $2 = $15M), not 15M shares. I believe the outstanding amount of shares after the purchase is 31M. It was 23-24M before the purchase, or when they issued their 10Q in April.

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