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To: Kool Guy who wrote (14482)11/2/1998 10:26:00 AM
From: Fred C. Dobbs  Respond to of 34075
 
Hi Kool Guy,
I worked it out the same way. Now take 9% of the 166 mil, pretty close to TT's 15 mil. But that's his second option, IMO it shouldn't be considered other than it would increase his position in GE to 13%.

Any ideas what guidelines a company must follow when issuing more shares?



To: Kool Guy who wrote (14482)11/2/1998 12:25:00 PM
From: Jim Bishop  Read Replies (1) | Respond to of 34075
 
KG, Ron, believe that it was john who first came up with the 166MM figure when he mistakenly used the 15MM and divided by the 9%. While that resulting 166MM is not the correct number, a couple of others seemed to think that it would be closer to the total out anyway. Guess we wait for the financials for more on this, but I tend to believe what this last filing says. You could well be right with the rounding of the .087719


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