Anthony @ Equity Investigations, Dear Anthony, 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 : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Anthony@Pacific who started this subject	3/5/2001 3:43:00 PM
From: StockDung	Read Replies (2) of 122087

Met@box Shares Soar After Stock Sale Raises DM12 Million Frankfurt, March 5 (Bloomberg) -- Met@box AG shares rose as much as 48 percent after the German maker of Internet set-top boxes said it raised 12 million marks ($5.7 million) by selling 1.39 million new shares to investors. Met@box said it sold the stock for a little less than the recent share price, adding that GEM Global Emerging Markets, a U.S. investment firm, was the biggest investor in the share sale. The stock rose as much as 1 euro to 3.10 euros, valuing the company at 43.4 million euros ($40.4 million). Separately, German daily Sueddeutsche Zeitung reported today that supervisory board member Manfred Schumacher left his post two weeks ago. Met@box, whose shares have lost 90 percent in the last six months, is being investigated for securities fraud and manipulation of its stock price. Mar/05/2001 14:29 ET For more stories from Bloomberg News, click here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next