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Technology Stocks : Factual Data (FDCC)
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To: Bill Schrader who wrote (5)7/13/1998 11:46:00 PM
From: KipferlMeister  Read Replies (1) of 44
 
<<TRIG doens't have too many shares outstanding but they have made a lot of acquisitions lately and I wasn't sure of the terms.>>

Bill,

Part of FDCC's IPO funds will go towards acquisitions of additional franchisees -- I don't have the exact number handy, but I believe $3-4 million. They've already made a successful acquisition in Mirocon and there'll probably be news of another before too much longer.

Nice late day buying. Institutional, most likely.

-Michael
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