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Technology Stocks : Condor Technology Solutions (CNDR)
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To: PCSS who wrote (4)3/5/1998 3:33:00 PM
From: EepOpp  Read Replies (1) of 51
 
Thanks PCSS. Numbers do look good.

I'm not sure I understand Pro Forma though. Are there additional shares that will come into the market? Will the shares be diluted? From the link:

>Pro forma common shares outstanding include: 2,319,000 shares issued to the stockholders of the Founding Companies; 1,881,000 shares issued to founders, consultants and management of Condor; and 4,299,040 of the 5,900,000 shares sold in the Offering necessary to pay the cash portion of the Merger consideration, S-corporation distributions, underwriting discounts and commissions and estimated expenses of the Offering. Pro forma common shares outstanding are presented in a format identical to the format presented in the Company's Form S-1.

If you or anyone could clarify, please do.

Will
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