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Technology Stocks : ALU - Allou Health & Beauty: Another Web Play -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (339)4/26/1999 3:13:00 PM
From: Bo Le  Read Replies (1) | Respond to of 418
 
Don't understand the Math here: Sold TFC for $37.5 million, got $19 million back in ALU. The rest $18.5 million went to TFC for a 13% TFC stake? Does this implies that TFC's value grow form $37.5 million into $142 million over night? Why ALU management buy the same thing for $142 million which they just sold for $37.5 million? I think I am wrong somewhere. Help needed.

BL