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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
I Run this place.
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Joined: 29 Dec 2001
Posts: 10455
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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
I Run this place.
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Joined: 29 Dec 2001
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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
I Run this place.
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Joined: 29 Dec 2001
Posts: 10455
Location: Do not message me for support.
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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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