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Necros Antiquor
Joined: 10 Nov 2004
Posts: 571
Location: Funny in a car crash sort of way
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 Posted: Wed May 11, 2005 5:47 pm |
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| I thought that the deal had fallen through, last I heard... |
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Kalium
Joined: 15 Aug 2003
Posts: 84
Location: Michigan
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| Posted: Wed May 11, 2005 9:23 pm |
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| Quote: | | down from $127 million to $150 million |
Down from 127 to 150...
Am I missing something here? |
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tempest
ANN Editor in Chief
Joined: 29 Dec 2001
Posts: 7058
Location: Montreal
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| Posted: Wed May 11, 2005 9:28 pm |
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| Kalium wrote: | | Quote: | | down from $127 million to $150 million |
Down from 127 to 150...
Am I missing something here? |
yeah, the rest of the sentence.
| Quote: | | This brings the total value of the deal down from $127 million to $150 million that was initially stated in Navarre's January 10th press release. |
-t |
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Tsunami Jones
Joined: 15 Jun 2004
Posts: 14
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| Posted: Wed May 11, 2005 9:52 pm |
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| tempest wrote: | | Kalium wrote: |
down from $127 million to $150 million
Down from 127 to 150...
Am I missing something here? |
yeah, the rest of the sentence. |
Or, it still makes no sense, because it's poorly worded.
It should read:
| Quote: | | Down to 127 from 150... |
The way those words are juxtapositioned make the sentance rather confusing. |
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tempest
ANN Editor in Chief
Joined: 29 Dec 2001
Posts: 7058
Location: Montreal
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| Posted: Thu May 12, 2005 12:12 am |
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| Tsunami Jones wrote: |
It should read:
| Quote: | | Down to 127 from 150... |
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No, its not down to 127 from 150.
I admit that the choice of wording was confusing, but it means what it says, not something else.
To expand somewhat, it's down to "$115,659,508 to $132,659,508" from the "$127 million to $150 million" originally stated in Navarre's January 10th press release.
It makes sense to say, "this bring the total down from $X that was originally ..." unfortunately $X is a range, not a fixed value. This is what caused the problem...
-t |
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tempest
ANN Editor in Chief
Joined: 29 Dec 2001
Posts: 7058
Location: Montreal
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| Posted: Thu May 12, 2005 12:13 am |
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| Necros Antiquor wrote: | | I thought that the deal had fallen through, last I heard... |
Nope, the deal was never announced as fallen through. What was announced was that Navarre had decided not to issue more stock to finance it.
-t
Last edited by tempest on Thu May 12, 2005 8:46 am; edited 1 time in total |
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Necros Antiquor
Joined: 10 Nov 2004
Posts: 571
Location: Funny in a car crash sort of way
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| Posted: Thu May 12, 2005 5:28 am |
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| tempest wrote: | | Necros Antiquor wrote: | | I thought that the deal had fallen through, last I heard... |
Nope, the dela was never announced as fallen through. What was announced was that Navarre had decided not to issue more stock to finance it.
-t |
Ah, thank you for clarifying that. |
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