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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (1780)4/1/1999 1:29:00 AM
From: peter michaelson  Read Replies (1) | Respond to of 19428
 
Auric:

I sincerely hope you can show me my error in thinking TSQD is not a good play on DRIV.

TSQD holds 3.0 million shares of DRIV. DRIV shares at $40 each - $120 million value to TSQD. Tax that at 40% for a net of $72 million.

TSQD has 11.0 million shares outstanding and cheap options for another 2.? million shares, total 13 million.

Value of DRIV holdings to TSQD per share (with no discount) is about $5.50 per share.

Other than DRIV, I did not notice much of value at TSQD, nor earnings.

I was hoping for better.

Peter