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To: Phillip C. Lee who wrote (16351)12/24/1998 10:57:00 PM
From: HG  Read Replies (1) | Respond to of 27307
 
Philip,

I still don't understand. There seems to be a discrepency in the numbers.

a) 25% of total shares would reduce the O/S shares to 75% held by executives/Softbank etc. Or are you saying 25% of the remaining 20% is institutional ?

b) If 25% is held by institutions, then small investors would further reduce this 75% to a lower figure or %age.

What's the catch ?

HG