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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: $Mogul who wrote (15682)9/15/1999 9:12:00 AM
From: Kimberly Lee  Read Replies (5) of 108040
 
picked up some ETEL 3 7/8,15/16, 09:02 ET e-Net Inc (ETEL) 3: --Update-- Under terms of the agreement, IXC may purchase new common shares that e-Net might issue to
them at a 25% premium over the closing price when exercised, with a minimum purchase price of $3.75 and a maximum purchase price of
$7.50, and to acquire up to just under 20% of e-Net's outstanding shares.
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