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Technology Stocks : VocalTec (VOCL) -- Ignore unavailable to you. Want to Upgrade?


To: J Fieb who wrote (1601)6/20/1998 1:43:00 PM
From: Don Walster  Read Replies (2) | Respond to of 2349
 
Good question about the amount of IXTC that is owned by VocalTec. I suggest that you contact Claudia Gatlin, Claudia_Gatlin@vocaltec.com
for the answer. I have found her very cooperative in answering legitimate questions.
Kindest regards,
Don



To: J Fieb who wrote (1601)6/21/1998 12:54:00 PM
From: peter grossman  Respond to of 2349
 
Does anyone out there know how much of IXTC VocalTec owns?

Great question. I've asked the company, and get no real guidance other than "minority interest." Of course, they are under no obligation to say, and may well have good business reasons not to.

But let's ask another set of questions. What percent can we reasonably assume they own, and what is a reasonable IPO market cap for ITXC when and if that occurs.

Just to throw out uneducated guesses, let's say 10% and $100M. Are these reasonable?? If so, VOCLF's share is worth approximately $1 per share. Along with $5 in cash, this further buttresses downside risk.