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RE: Celtic's stock
The stock fall has nothing to do with basketball, it deals with gastons
plan to split the stock into an illiquid investment in a limited partnership
or in a new stock that receives a $1.00 dividend and interest from a $20
debenture. 48% of the share holders remained with the new stock while 52%
went with the new illiquid investment.
Hopefully, its fall is a reflection of the new worth of the deal since the
major sell off from $24.00 to $18.00 happened prior to the new deal.
-steve
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The Boston Celtics Will Hang Banner #17 In The Pitino Palace By 2001!
You Can't Keep The Leprechaun Down For Long...
http://www.tiac.net/users/ChomS/celtics.html
We're Back!!!!!
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> -----Original Message-----
> From: owner-celtics@igtc.COM [mailto:owner-celtics@igtc.COM]On Behalf Of
> Jeremy
> Sent: Thursday, July 02, 1998 11:48 AM
> To: celtics@igtc.COM
> Subject: Celtic's stock
>
>
> Does anyone know why it has gone down 8.5 points (53%) today?
> Noah and his communist friends must be partying in the streets. It
> appears that wall street doesn't favor the lockout.
>
> Jeremy
>
>
>
>