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Microcap & Penny Stocks : Research Fix-Corp Int'l (BB:FIXC).

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To: Mr. Stress who wrote (1699)4/1/1998 8:46:00 AM
From: Mr. Stress  Read Replies (2) of 1845
 


FAMH/ATXI takeover news on Reuters:
If you own FAMH, sit back and enjoy the ride!

______________________________________________________________________

Tuesday March 31, 10:11 pm Eastern Time

Atrix will discuss Firamada takeover bid

MINNEAPOLIS, March 31 (Reuters) - Atrix International Inc. said Tuesday it will discuss Firamada Inc.'s
(FAMH - news) bid to take over the company.

''We are eager to discuss these developments with the principals of Firamada Inc., as well as discuss their
stated desire to facilitate a business combination between
our two companies,'' said William Bednarczyk, president and chief executive of Atrix, in a statement.

Atrix said it had been notified that Firamada has acquired five percent of its shares. Firamada also asked for
representation on Atrix's board of directors, the company
said in the news release.

Atrix said it had requested some financial information from Firamada, and said it could not proceed with
discussions without it.

''We do not believe that we can execute a letter of intent without first reviewing this information,'' Bednarczyk
said.

Atrix makes remote metering and production monitoring hardware for the copy control and plastic injection
molding industries. Its shares closed down 5/16 at
2-15/16.
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