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To: jtechkid who wrote (661)6/10/1998 5:51:00 PM
From: yosi s  Read Replies (1) | Respond to of 1061
 
The Private placement came out when Israeli regulatory aithorities asked dsi Israel to redo their books. on how they capitalised powercom. DSI Israel said they will contest it. This is book keeping any way. not rvenues, but right off as oppose to capitalise on development. so the book value of dsi israel will drop by 50% if Israeli sec is right. At that time The globe article stated that comverge is getting ready to have contracts, and are waiting finalization of private placement. that will put a value of 56 million, conservative estimate. to comverge. See my note on breakdown, Though JT had other figures on breakdown of comverge ownership.



To: jtechkid who wrote (661)6/15/1998 11:54:00 AM
From: Creditman  Read Replies (1) | Respond to of 1061
 
JT,

When Tower moves up, doesn't DSSI have to follow? If TSEMF maintains its new higher price or moves higher don't you expect DSSI to move up too?