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Re: [sharechat] What value FRO?


From: Richard Scott <richard@tkf.att.ne.jp>
Date: Mon, 1 May 2000 10:14:44 +0900


>Derek,
>The approach that you have adopted in valuing FRO is simplistic because at
>the end of the day, the price that you see flashing on your screen for any
>stock is the MARKET price - what investors are prepared to pay for a stock
>based on a multitude of variables which may include future plans, projected
>earnings and growth of business etc etc! There is no such thing as A + B =
>Potential share price. You will probably find that FRO will re-open at a
>very high premium as all indications point to tremendous investor interest
>in the prospects of this stock.
>
>Simon Dallimore
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Let me guess,...... you're fairly long this stock,.... is that right??

Richard

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