SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ALU - Allou Health & Beauty: Another Web Play -- Ignore unavailable to you. Want to Upgrade?


To: lifeisgood who wrote (332)4/25/1999 1:40:00 AM
From: Questerr  Read Replies (1) | Respond to of 418
 
Thank you VERY much for your quite helpful post.

You clarified for me that the Jacobs retained their % of ownership. Interesting...

What I am still unclear on is the quote "$19 million received will increase the company's book value resulting in a 28% increase in shareholder equity" What happened to the other $18.5 million and does it impact book/shareholder equity? Is it going to be earmarked for previously capitalized FC losses? Is ALU getting a note for $18.5 million from the Subdury Group? Are you pretty confident in your stated figure relating to our % of ownership in FC? Sorry for all the questions, just trying to piece together the puzzle. Thanks