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 : MAGIC SOFTWARE-MGIC
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dorine Essey who wrote (155)1/21/2000 1:39:00 AM
From: Dale Baker  Read Replies (2) of 219
 
Companies that want to raise new money can do it 3 ways - borrow from a bank, get an investment firm to sell bonds for them or sell new shares of their stock. MGIC has a strong stock price so they can sell a little bit more and bring in new funds for development. At the same time, one of their individual shareholders will sell some of his shares at a fixed price in the deal.

This is an ordinary, healthy move by a growing company. It just increases my resolve to hold the MGIC shares I bought at 35 (at Rich's urging - he is the MAGIC MAN!).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News