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Author: JJinLA Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 43  
Subject: Re: Any opinions on valuation of GSBNZ? Date: 6/8/1998 1:12 PM
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Thanks, Grayfuldad.

I got my prospectus, too, over the weekend. It appears that GSB presented testimony showing damages of .9 to 1.9 billion dollars; it did not say what, if anything, the government evidence of damages was.

I wouldn't say these warrants are a gamble; it is just a very different type of investment. Asia, inflation, and a bunch of factors are not going to impact the value of these, it is going to be legal factors which, if provided enough information, a Fool could make an educated assessment of. Or maybe a Fool with a JD or some background in law. Definitely a risky investment, since they could be worthless, but I know people who bought Marvel and KooKooRoo. :^D

The other factor is when they pay, if they pay? The present trading value could be a fairly good assessment of the net present value of the expected pay off.
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