Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Sandra who wrote (52852)	2/5/1999 10:13:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 119973

I have tried and tried by: steve_host 303 of 306 To find one stock trading below its value based on its holdings in public companies and have yet to find it. There is no doubt that this will not be an exception to that rule. If you take the Limited for example they own 85% of IBI (Vic Secret) which if you do the numbers means only about $6 in value to the Limited which has a book of about $8 for a total of $13. Now certainly they also have a growth rate and their other assets are probably worth more than the book, but they are not public so you can be exactly sure. The LMT stock trades in the 40s !. The value of the IPO to UIHIA AT UPC's IPO PRICE will be worth well over $60 a share including cash that they will be getting from the IPO. That is at the IPO price. What happens if the the IPO moves up (as eveyone knows it will) even $5 - that figure jumps up $10 to UIHIA's value ---all of this gives no value to UIHIA other cable assets around the world (including Asia - where that ISP IPO came out today and zoomed 400%). I think this illustrates the potential here is huge. Sorry if I repeat myself but I still can't get over the hidden value here. Have a good weekend all.