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  • pjheyman1 pjheyman1 Feb 9, 2006 9:38 PM Flag

    Enlighten me please

    Thanks for the reply. As I wasn't quick enough to get XTXI I'm trying to look at ETP and ETE. It looks to me that it just comes down to the number of shares involved.

    Roughly speaking there are about 110M shares of ETP and 140M of ETE. Calculating on the 50% distribution and 33% ownership of ETP, ETE looks to get about $ 1 for ever $ 1 paid by ETP. Does that sound right ??? What am I missing ??

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