SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : SOLOMON-PAGE SYMBOL -SOLP-
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas Kirwin who wrote (168)11/5/1997 5:43:00 PM
From: Bill Driscoll   of 295
 
It's true about the warrants, & the release was only picked up by Bloomberg. SOLP is offering to buy back 1 million warrants basically in private transactions in order to reduce the "overhang". If you own warrants and want to sell to the company, call Eric Davis, the CFO, at 212 764-9200. He is willing to negotiate in private transactions and essentially the more you sell, the better the price you'll get. My impression is that he is looking for good size blocks of at least 5,000 shares.

This is an intersting development that in my mind expresses confidence in their business and their desire to enhance future shareholder value.

Also noticed that a 13-D was filed back in Sept by one of the principals of Neuberger & Berman (a mutual fund/advisor?) that he, on a personal basis, had acquired a 5% interest in SOLP.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News