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.
Technology Stocks : YURI ( YURI SYSTEM )
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Keith A Walker who wrote (202)12/3/1997 7:17:00 AM
From: telephonics  Read Replies (1) of 1181
 
Some additional info on the company which I managed to turn up

Over 50% of the outstanding stock is held by founder.
Other Company personnel also hold stock and these holdings make only about 4 Million shares available for open market trading. This is a very thin float which makes the company stock quite unstable in regards to adverse news. For example recently Newbridge Networks (The largest ATM provider) dropped from 65 to about 45)
bad news coupled with the news release about the DataLabs acquisition being delayed caused quite a reaction to Yuries stock price.
As the company announced the reasons for acquiring DataLabs is to obtain control of their technology but more important to move the engineering talent into Yurie. Here in the metro D.C. area there is a major shortage of techies of all types.This may alleviate some of the personnel shortages but will not cure all. DataLabs is too small -not enough techies.
Newbridge recently acquired a wholly owned subsidiary of Rad-an Israeli company. Price,I believe about $75 million. I do not believe this company has delivered any product as yet. Rad is a very competent organization and are in the U.S. market with other products than ATM.

I repeat,IMHO the company is in superb financial and technical condition.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News