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 : Cable & Company (CCWW)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 2SWEET who wrote (54)11/21/1997 1:17:00 PM
From: Czecho  Read Replies (1) of 157
 
According to the company's PR guy, the 13Mio shares were a private placement to raise cash. The bad news is that this is obviously a dilution problem, though it would be hard to be m,uch more diluted. The good news is that someone has put up a bunch of money, and I would imagine it was not just on a whim. So if we are stupid for owning shoes, this investor is a madman/woman. However, this madman had a couple of mil to invest, so I may as well stay in the asylum.
RK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext