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To: Michael Coley who wrote (6962)8/8/1998 12:45:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 7685
 
Yhoo shows

95.3 million shares outstanding

biz.yahoo.com

If ....

shares outstanding is 95.3 million

and closing price was .547

could the company be bought outright for $52 million?

sue



To: Michael Coley who wrote (6962)8/8/1998 12:47:00 PM
From: Frank Drumond  Respond to of 7685
 
Shares outstanding are less than 200 million which does mean that the company could easily be bought for $200m. Perhaps not too bad of a price. If Iomega did do this they would pretty much own the the magnetic removable market.