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Technology Stocks : TRANSNET TRNT

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To: Alan Wojtalik who wrote (190)10/31/1997 7:20:00 PM
From: Nicholas P. Sekas  Read Replies (2) of 225
 
So what does this mean for TRNTE this coming Monday? If you take this $20.5 million divided by the 5.2 million shares outstanding, then you get about $3.94 per share. Am I correct? What does "the sale for a maximum $20.5 million cash purchase price of substantially all of its operating assets" really mean?

Nick
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