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To: Ok2Launch who wrote (5438)3/7/1999 11:17:00 AM
From: Steven Rachbach  Read Replies (1) | Respond to of 10852
 
About Skybridge....Last year at this time, Readware suggested that there would be an IPO for Skybridge in 1999. I looked into this and found that there probably wouldn't be an IPO in that time frame. I then looked into buying Alcatel stock as a way to own Skybridge. Each share of ALA (ADR) represents one-fifth of a share in the company in France. I determined that (as of last year anyway) even though ALA has a bigger stake in Skybridge than does LOR, because of the relative size of the 2 companies, one dollar of LOR stock "owns" more Skybridge than does $1 of ALA stock. Perhaps, though, some of the above info has changed during the past year.

Regards,
Steve Rachbach