Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?

To: majaman1978 who wrote (494)	7/6/1998 9:28:00 AM
From: M. Frank Greiffenstein	Read Replies (6) \| Respond to of 2752

Let's take INKT as an example... Mark, let's look at CNGR and INKT. CNGR owns 222K shares of INKT. INKT jsut hit $48 a share. That works out to 10.5 million, or just north of $1 of INKT market value per CNGR share. I am underwhelmed. Now, lets say DRIV hits $48 a share. That means TSQD would hold $230 million worth of DRIV stock or $22 per TSQD share. Factor in a 25% haircut (the market will discount the stock holding) and you are looking at $16.5 per share. DocStone