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Non-Tech : Ingram Micro

IM 38.89

0.0%

Dec 13 4:00 PM EST

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To: Reseller who wrote (487)	2/14/2000 9:30:00 PM
From: E_K_S	Read Replies (3) of 576

Hi Reseller: I searched the newspaper archives and found a KnightRider article dated October 20, 1998. It stated pretty much what you posted but left out one important fact. Here is the relevant portion of the article: "... The giant Santa Ana-based electronics distributor signed an alliance with Softbank, Japan's largest distributor of software and computer peripherals. The two companies will seal the partnership by buying $50 million, or about 1 percent, of each other's stock..." ============================================================ As long as Ingram has not sold any of their SoftBank stock, we know that it is equivalent to "about 1%" of the outstanding stock. Anybody know how many outstanding shares of Softbank stock there is? EKS

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