Some brief DD:
Arthur, you are no longer the single voice here. I hope you don't mind some company.
DD on TELV
TeleVideo, Inc. (OTCBB: TELV)
2345 Harris Way
San Jose, CA 95131
408-954-8333
televideo.com
Shares Outstanding: 11.3M
Float: 4.2M
Significant Recent Press Release
biz.yahoo.com
Summary of Press Release
In September 1998 TELV invested $1M in mySimon.com, an Internet comparison shopping company. mySimon was recently bought by CNET Networks (NASDAQ: CNET). In exchange for its interest in mySimon, TELV will receive 375,000 shares of CNET. The transfer is currently being done. The shares are freely tradeable and can be sold three days after the release of earnings for CNET for the quarter ended March 31,
2000.
CNET closed today at $59. Accordingly, the present value of TELV's 375,000 shares is $22,125,000.
ABOUT TELV
TeleVideo, Inc. is a pioneer in thin client server-based computing. Today, the company is utilizing its expertise in server-based network computing to forge new ground in delivering thin-client solutions. For more information visit the company's web site at televideo.com.
TELV'S PRODUCTS
televideo.com
OTHER RECENT PRESS RELEASES
biz.yahoo.com
biz.yahoo.com
FINANCIALS
Financials and 10Q were filed today, March 16, 2000
biz.yahoo.com |
