Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

STOCKTALK

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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bob Biersack who wrote (82877)	2/14/2000 9:41:00 PM
From: red_dog	Read Replies (1) of 120523

Biopure files to sell 2.5 million shares February 14, 2000 08:26 PM WASHINGTON, Feb 14 (Reuters) - Biopure Corp. BPUR , developer of oxygen treatments and drugs administered intravenously into the circulatory system to increase oxygen levels, filed on Monday to sell 2.5 million shares of Class A common stock. The company said it would use the proceeds for marketing, clinical trials, expansion of facilities, capital spending and general corporate purposes according to the prospectus filed with the Securities and Exchange Commission. Based on today's share price, Biopure could gross $86.56 million from the stock sale. After the offering there will be about 24.8 million shares of Class A common stock outstanding in the Cambridge, Mass.-based company. The underwriters, led by J.P. Morgan & Co., have been granted the option to purchase an extra 375,000 shares in the event of heavy demand.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next