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Technology Stocks : PRI Automation (PRIA)
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To: orkrious who wrote (925)6/1/2000 12:10:00 PM
From: Ian@SI  Read Replies (1) of 1214
 
Jay,

I haven't seen anything.

There is the secondary outstanding with a "face value" price of $64/share.

Perhaps PRIA threatened to cancel the secondary which would have caused the investment bankers to step up their activities.

Or there's most likely some roadshows going on with PRIA attempting to peddle their shares to institutions. Perhaps they dropped a hint or 2 about the probable winner of INTC's 300mm fab automation business???

With the volume behind this move, there's probably been some Selective Disclosure perhaps just to test whether or not Arthur Levitt means what he says on this subject.

Ian.
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