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Technology Stocks : Unify (UNFY)
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To: Texas77 who wrote (317)4/7/2006 1:19:46 PM
From: Texas77  Read Replies (1) of 322
 
When Halo entered into the deal to acquire UNFY - part of the deal was that Halo had to get another 2 million in financing before the deal could close. I see in the S-4 disclosure that Special Situations Fund (SSF) bought 2 million worth of Halo at $1.25. SSF already owns a ton of UNFY and buying HALO at $1.25 is equivalent to paying .58 for UNFY at a time UNFY is trading at .38. Now that's an incredible vote of confidence for UNFY/HALO

I added to my position here. Any lurkers here need to do your DD on UNFY / HALO - and I think you will like what you discover. I'm looking for revenues of $75 million by the end of this year and I will be ecstatic.
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