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Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST

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To: carranza2 who wrote (1447)5/2/2008 2:35:17 PM
From: quartersawyer  Read Replies (1) of 1575
 
First time I've noted a more activist filing.

OK. That comparative activist context is important.

Searching other 13D's there is similar language in the context of a subsequent SEC enforcement action related to insufficient disclosure (but that SEC action was for a dissimilar condition... a company planning to take control, not just have more active influence)

In the Schedule 13D, Wilkerson disclosed in boilerplate fashion that he was "considering various alternative courses of action with respect to the management and ongoing operations of the Issuer" and that he may engage in one or more of the following activities: (i) the acquisition of additional BCTI stock; (ii) the acquisition of all or substantially all of BCTI's assets or the remaining outstanding BCTI stock (whether by means of a merger or another form of transaction); (iii) meetings and discussions with BCTI's board (on which Wilkerson then served) with the intent to influence the BCTI's business and affairs; and (iv) any other activities deemed by Wilkerson to be effective for the purpose of so influencing BCTI's business and affairs.

sec.gov

[also no position, but interested in the upcoming report]
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