Actually, I think that figure came from Mandrake. But it looks like he was referring to RH LT Investment which is $200 million. RH Balance sheet shows about $100 million in ST assets, and a mkt cap of just over $1B.
At 11:21 AM 12/12/02 -0700, you wrote:
ApecTec Inc.At 11:02 AM 12/12/02, you wrote:On yahoo finance Mandrake's symbol is MDKFF.PK. The PK stands for "Pink Sheets" which limits and warns US investors of high risk nature of the stock. It is dual listed on a European venture exchange too. You can see the IPO price looks about 5 and current is about 2. However, one has to be very careful here because of such limited liquidity. So the $2 should not be taken as a real indication of the value of the company. I must be careful what I say in a public forum for certain reasons, however, I think it is public knowledge that RH has several hundred million cash behind them.I don't know where you got that information. An investment of that size by Redhat would have to be disclosed, yet a search of yahoo reveals no such press releases or news clippings.
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