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Technology Stocks : PRMO - Premenos
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To: Jerry Krim who wrote (228)10/24/1997 10:46:00 AM
From: Mark Catalano  Read Replies (2) of 240
 
Well Premenos is up 35% today on news of buy-out! That is great for PRMO holders, although HRBC is down about 10% today.

Any comments on why HRBC is sliding, PRMO is a great company that will definetly benefit HRBC, so the downward slide is puzzling.

As of now, the ratio of .45 shares of HRBC for every share of PRMO would only put PRMO worth about $16.5, and stock already jumped to 15 3/4 today.....

Just some thoughts...
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