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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: De Peepster who wrote (6227)6/10/1998 1:26:00 PM
From: Art Vandelay  Read Replies (1) | Respond to of 19331
 
According to the press release Star will exchange 21 million shares of stock for PT-1 Communications.

21 mil x $29 share price = $609 million.

PT-1 had revenues of $431 million for the year ending 3/31/98 (according to Star's press release)

$609/$431 = 1.4X revenues

AV