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

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To: puborectalis who wrote (54542)12/30/1999 11:03:00 PM
From: manny t  Read Replies (1) of 108040
 
CENL-BB rising from the dead?I am glad I didn't take a huge tax loss.

Based on the Centennial deal with Intel,we now have a very interested party in CENL's success.
<<Centennial's acquisition includes the PCMCIA card families (Series 2, Value series 100 and 200) and the miniature card families (Series 100 and 200). In exchange, Intel received cash and a note totaling $6 million, a payment of up to $4.5 million due upon the occurrence of certain contingencies, and approximately 16 percent of the outstanding shares of Centennial, on an as-converted basis.>>

Looks like Intel will own 16 % of Centennial.

Manny T
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