Top Image Systems Ltd. (TISA) Message Board

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Technology Stocks : Top Image Systems Ltd. (TISA)

TISA 0.850

-0.5%

May 6 5:00 PM EST

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To: RagTimeBand who wrote (311)	10/20/1999 10:30:00 AM
From: Skywatcher	of 436

Izhak Nakar, Chairman and CEO of Top Image, said the investment will be implemented in several stages beginning with an initial acquisition by Charterhouse of the Company's ordinary shares for an aggregate purchase price of $15 million. So are they selling most of the company? Looks bad for warrant holders, US! Would they invest this much if they knew the warrants were going to be excersized? chris

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