Teklogix International Inc. TSE:TKX Message Board

STOCKTALK

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.

Technology Stocks : Teklogix International Inc. TSE:TKX

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: zigler who wrote (23)	11/26/1997 7:27:00 PM
From: zigler	Read Replies (1) of 274

Response from Teklogix with regards to share crash. In light of the 83% crash in the value of Teklogix's stock from its 1997 high and a 69% plunge from its IPO price of $12, does management have any immediate plans to raise shareholder value? Is a share repurchase plan being considered? Is a sale to a larger better financed company under consideration? Is management going to keep us better informed about sales levels and profit out look and not surprise everybody with such results as just released for the second quarter? John Sprenger shareholder Dear Mr. Sprenger: With regard to your questions: Management views the recent profit results as unacceptable. Management plans are ongoing and are directed toward increasing shareholder value. A share repurchase plan is not currently being considered. A sale to a larger, better financed company is not currently being considered. The company's policy is to announce its results in accordance with regulatory policy. Sincerely, Lorna Pires Investor Relations Department

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next