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Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?


To: Rajiv who wrote (11028)3/10/1999 2:24:00 PM
From: cazz  Read Replies (1) | Respond to of 27722
 
VVTV had a 15% stake with the ability acquire more with the IPO. Have they increased their stake already or are my numbers wrong?



To: Rajiv who wrote (11028)3/10/1999 2:26:00 PM
From: Sgt. Stockpile  Read Replies (1) | Respond to of 27722
 
IF VVTV owns 22% of NetRadio and that 22% share is worth $70 million, than 77/22 = 3.5, meaning that NAVR's stake is 3.5 times greater.
3.5 x $70 = $245 million.