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Technology Stocks : UCOMA UnitedGlobalCom -- Ignore unavailable to you. Want to Upgrade?

To: peter michaelson who wrote (367)	4/15/1999 10:26:00 PM
From: Rajiv	Read Replies (1) \| Respond to of 489

How did you get the value of the remaining holdings as $17 ? UIHIA has a large debt component on its books. Its book value (excluding its investments) is -ve. The market is clearly discounting its holdings a lot more than 40%. The problem with an investment like UIHIA is that it might take several years before it trades at its fair value. One thing is guaranteed - UPCOY will not be a takeover target. Any suitor will go for the parent rather than UPCOY. UIHIA/UPC comparison chart - techstocks.com BTW, check out LPGLY. This might turn out to be an interesting stock.. Regards. Rajiv