SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Outeredge (OEII)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe Copia who wrote (29)3/25/1997 5:22:00 PM
From: Tony Vecchiarino   of 129
 
Hi Joe!
My original broker (who originally sold me on OEII) got so involved with the company that he decided to join them in actively promoting this stock full time.
I didn't speak to him but I managed to speak to his replacement , who was kind enough to give me more info than my broker.
My suspicions on OEII raising more capital were confirmed. It seems that they need to raise another $500,000 ; this concerns me personally because that means (to me) that there is further dilusion of shares.
I got the impression that the money is needed to finance possilble uncoming aquisitions which if this is the case--it's a good thing.
He also seems to believe that the share value should be @.12---I'm not sure I understand how he arrived at this.
One thing is fo sure.....he says the technology is years ahead of competition .
What do you think of this?.
Tone.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext