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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?


To: JerryP who wrote (12720)2/11/1999 9:30:00 PM
From: Don Earl  Read Replies (1) | Respond to of 14577
 
Hi Jerry,

The short explanation is S3 just printed up an extra 6+ million shares for "employees". The registration fee is based on the price of the stock at the time it was registered, 8 1/16.

Merry Christmas, the book value of our stock has been diluted by about 13%. At the risk of sounding "negative", this kind of garbage really pisses me off.

Regards,

Don