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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Gordon Gekko who wrote (4980)1/18/1999 7:57:00 PM
From: Trader J  Respond to of 56537
 
GG: So you are the one that took the name that I wanted originally. Good to have you here and thanks for the MMPT/TNO info. It fits well what we have recently started here.

Hope you will continue to post GG.

TJ (Bud Fox)



To: Gordon Gekko who wrote (4980)1/21/1999 12:17:00 AM
From: .com  Read Replies (1) | Respond to of 56537
 
Hi Gordon,
Where do you get the 12.4$ figure from? Their SEC filing indicates TNO will own 84.9% afrer IPO. Am, I missing something?

shares = 5,648,624, before IPO = 92.1%, after = 84.9%

Class B Common
Class A Common Stock Common Stock Stock
--------------------------------- ------------ --------------------

Percent of Total
Percent of Ownership Voting Power
--------------------------------- --------------------
Shares Shares
Beneficially Before After Beneficially Before After
Name Owned(1) Offering Offering(2) Owned(1) Offering Offering(2)
---- ------------ -------- ----------- ------------ --------
-----------
True North
Communications
Inc.(3)................ -- -- % -- % 5,648,624 92.1% 84.9%
101 East Erie Street
Chicago, Illinois 60611