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Technology Stocks : BVRTF -- Sounds Interesting -- Ignore unavailable to you. Want to Upgrade?

To: John D. White who wrote (78)	5/30/1999 6:54:00 AM
From: sam_b	Read Replies (1) \| Respond to of 85

BVRTF will worth $ 15 a share after IPO of NetGame . (with market value of $175M). I tried to follow , by myself, after calculations and got the same numbers +-.Please follow and let me (us) know if you agree. NetGame- 47% (Full dilution)from $175M = $82.25M. R.T.SET-49.5%from $35M (Last private issuing price)= $17.3M. NEXUS - 37% from $ 13M (Market price)======= $4.8 M. BRIGHT.com 40.18% ( estimation of $ 10M value)= +-$4.0M. ----------------------------------------------------------. =====================TOTAL ---------------- $108.35M. Market Capital of BVRTF in last Friday $43.8M. Price of 6.1875 per share. BVRTF is in discount of $64.55M (again ,NetGame IPO of $175M). It's 147%!! or estimated value per share after IPO of 15.3 . ($108.35M/app.7M shares = +- 15). I think it's a real bargain .