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.

Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (1197)	2/6/1999 3:37:00 AM
From: porcupine --''''>	Respond to of 1722

From Yahoo msg board: DELPHI DISTRIBUTION by: Brian_1117 8542 of 8546 According to news articles, 465 million shares will be distributed to GM stock holders. If you divide the current number of GM stock which is 654.5 million shares by the 465 million distributed Delphi shares you arive at a ratio of .7105. Therefore if my thinking is correct you should recieve .7105 shares of Delphi for every share of GM you own. If this is correct and you immediately sold your shares of Delphi at the current price of 18 7/16 you would recieve an instant 15% return. Of course, there is no way of knowing what the future price of Delphi will be. However, It seems to me that this is a win for GM stock holders. If the Delphi price remains in the 18 dollar range I think I will accumulate GM stock this year on the dips. It is my oppinion that this is probably one of safest returns on money for 1999. I would welcome any intelligent, analytical responses to my calculations and opinions. Good luck on investing to all.