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Technology Stocks : NASI (North American Scientific, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: W.F.Rakecky who wrote (533)6/20/1998 5:38:00 PM
From: Martin Savitska  Read Replies (1) | Respond to of 658
 
Got a question for anyone that knows. NASI just announced an
increase of authorized shares of Co.'s common stock 4 fold.
10 mil up to 40 mil. Does that take current shareholders stock
value and dilute it 4 times. Or is dilution of current shareholders
stock only based on an increase in the "float" from the issue of
warrents, reg s, etc etc.

I'd appreciate someone clearing that up for me.

Thanks, Marty



To: W.F.Rakecky who wrote (533)6/22/1998 2:04:00 AM
From: dfloydr  Respond to of 658
 
Hi W.F.:

careful with "reit".

Reit in the investment community usually refers to "Real Estate Investment Trust", a very large and very popular part of the market these days. That term has been in use at least since 1970.

Floyd


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