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Technology Stocks : ADFLEX SOLUTIONS ( AFLX )

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To: jonpcar who wrote (135)10/22/1997 11:52:00 AM
From: Paul Viapiano  Read Replies (1) of 718
 
The 1.3 million shares being offered are NEW shares being issued by the company. But you're right re: the raising of approx 25-30 mil rather than 70 mil as stated in the S-3, right?...since the proceeds from the selling shareholder will NOT go to the company. It is a personal sale....

BTW, sorry to abandon ship but my sell order at 24 1/2 just came through. Personally, I have to wait till the dust settles and then I'll get back in. I have waited too long to pull the plug in many instances with great companies only to hold them for a year or more waiting for them to get back to my buy price (which is always a bad move)...I'll wait until adjustments have been made in expectations, etc...

Paul
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