Vicon Industries ( VII ) Message Board

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Technology Stocks : Vicon Industries ( VII )

VII 0.206

-24.6%

Jul 11 5:00 PM EST

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To: unregmarket who wrote (32)	2/25/1998 12:24:00 PM
From: Hank	Read Replies (1) of 118

I only know what you know. The news release only mentions VII. I would guess the proceeds will be used for further expansion but you would have to call and get a copy of the prospectus to find out for sure. I've seen companies that were doing very very well absorb secondary offerings without any serious lasting impact on their stock price. So, this may not be all that bad- except for today, of course. I'm going to call one of the contacts and see if I can find out when the shares will be offered and at what price. In the meantime, I'll hold since the price is likely to rebound after today- even if only temporarily. Hank

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