Tuesday, October 05, 2004

Legg Mason's =The next Most powerfull .....!!

"Legg Mason Funds Management Inc. and Legg Mason Capital Management Inc. collectively own 4.3 million Class A shares of Google, or 12.77 percent, as of Sept. 30, said the filing with the U.S. Securities and Exchange Commission.

At Tuesday's closing Nasdaq price of $138.37 per share, the 4.3 million shares are worth about $595 million. Google shares were sold to the public at $85 each, which would give Legg Mason a gain of $229.5 million if its stake was bought in the initial public offering in August. "

Ok, so they just have double (12.77=25.14).. or whatever they say.... go figure with my blog here


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