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Technology Stocks : ASTX
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To: Goolie2 who wrote (235)6/18/1999 4:16:00 AM
From: Toby   of 275
 
I think the secondary was to permit ASTEX to continue to grow by acquisition. Their cash reserves had gotten a little low, and with the slump it wasn't clear how soon operating cash flow would replenish those reserves. I think it is important to ASTX and we stockholders that ASTX acquire similar firms to broaden their product base and businesses to further leverage their core rf and microwave competencies.
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