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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (220)11/27/1998 12:58:00 PM
From: TFF  Read Replies (2) | Respond to of 2802
 
PPOD rumors swirling about deal with AOL..Looks like a buy with a takeout of old high(14)



To: Susan Saline who wrote (220)11/27/1998 2:22:00 PM
From: tom pope  Read Replies (1) | Respond to of 2802
 
Sue you asked about the effect of the sale of Marketwatch shares on DBCC. Am posting here so that Irby can correct any schoolboy errors.

After the IPO, DBCC will own approximately 4.5MM shares of MKTW. Assuming a price of 10 dollars a share, that equates to $1.36 per DBCC share, assuming roughly 33MM DBCC shares outstanding.

You can take it that if market mania hits MKTW, DBCC will benefit to the tune of $1.36 per $10 move in the price of MKTW stock post IPO.

Additionally, DBCC benefits from the IPO proceeds thru the reduction in debt of its affiliate, some of which is owed to DBCC itself. But the real kicker, if any, will come from the action in the price of MKTW stock.

BTW, I missed NAVR too, which is really dumb since I was watching it all day Wednesday.