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To: irkarki who wrote (158)2/9/1999 3:07:00 PM
From: steve host  Respond to of 489
 
you got it



To: irkarki who wrote (158)2/9/1999 3:09:00 PM
From: Rajiv  Read Replies (1) | Respond to of 489
 
based on 30.51 mil shares of uihia?

# of outstanding shares for UIHIA is around 40 million.

Regards.
Rajiv



To: irkarki who wrote (158)2/9/1999 3:09:00 PM
From: Mad2  Read Replies (1) | Respond to of 489
 
I think you forgot the B shares (around 9 mil) with 31 A's for a total of 40 mil



To: irkarki who wrote (158)2/9/1999 3:11:00 PM
From: jjs_ynot  Respond to of 489
 
I suggest that you do your own due diligence. However, there are 40 million shares effectively and you have to account for the rest of the company assets and liabilities plus project cash flow.

A good rule of thumb that several houses have offered is somewhere between 23 and 28 percent discount from the cash value of the UPC shares that UIHIA will be holding in their treasury. The analysts have been cranking these numbers with very fine pencils and I don't claim to have their resources.

So, in summary, do you own DD to decide.



To: irkarki who wrote (158)2/9/1999 3:33:00 PM
From: steve host  Read Replies (1) | Respond to of 489
 
It's all a play on UPC no matter what numbers you use. If the IPO is a complete flop and just stays at say $35 you get $50 a share UIHIA value (not dealing with any other assets, etc), even including dave_s's supposed 25% discount.

I'll bet my money with UPC, MSFT, Barrons, Goldman, Morgan.

the risk is all on the short side.