S1: Doing Business in a Dot Com Depression, -V1 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.

Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Oeconomicus who wrote (835)	5/5/2000 2:36:00 PM
From: tuck	Read Replies (1) of 1013

R.D., I appreciate you and others addressing my operational concerns. About the only thing left is dilution from the acquisitions. I've been digging, but S1 has been munching faster than it can excrete filings. I haven't been able to get a clear picture of the overhang yet. Some have likely noticed that Akkermans and Frieshtatt (sp?, the V1 guy) are new hires that have sold some shares. "Under the terms of the agreement, S1 acquired Davidge Data Systems for approximately 250,000 shares of S1 common stock, and issued approximately 393,000 S1 options both in exchange for options held by existing Davidge employees and as additional options to Davidge employees." "Under the terms of the agreement, S1 will acquire Q UP Systems for approximately 2.4 million shares of S1 common stock and will issue approximately 1.4 million S1 options in exchange for options held by existing Q UP employees." From the 8Ks. I notice Edify folks haven't been selling. So 2.65 million shares and ~1.8 million options from these two acquisitions. Haven't seen filings that include lock up periods yet, but will keep my eyes open. Cheers, Tuck

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next