SI
SI
discoversearch

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 : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Lee who started this subject3/18/2002 1:00:18 PM
From: Softechie  Read Replies (2) of 99280
 
Does this sound like CRISCO? RATL Rational Sftwr questioned in NY Post for spin-in deal (16.90 +0.28) -- Update --
NY Post article attacks RATL executives for "spin-in" deal. According to article, Chairman Paul Levy and CEO Michael Devlin "created a company called Catapulse Co. and issued themselves roughly half its stock, then capitalized the business with $50 million from Rational Software." After about a year, "Paul and Mikey had Rational buy back Catapulse for $445.2 million in Rational stock, of which $200 million tumbled into the gaping pockets of our two heroes."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News