Exigent International, Inc. (XGNT) Message Board

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Microcap & Penny Stocks : Exigent International, Inc. (XGNT)

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To: WallStBum who wrote (113)	9/30/1998 7:19:00 AM
From: David T. Groves	Read Replies (1) of 159

Related Quotes Exigent calls off Golden acquisition - THANK GOSH, Trying to buy This is what knocked them down previously. Stock movement showed approval. MELBOURNE, Fla., Sept 29 (Reuters) - Technology holding company Exigent International Inc. said Tuesday its letter of intent to acquire Golden Enterprises Inc. has expired and the company does not plan to pursue the purchase immediately. ''We have chosen not to proceed with the acquisition at this time,'' said Bernie Smedley, Exigent president and chief executive officer. ''Nevertheless, our door remains open for further discussions.'' Exigent said in a statement that the two companies will review their business relationship over the near term. ''We remain interested in Golden Enterprises for their call center automation expertise in the telecommunications industry and we wish to continue our amicable relationship,'' Smedley said. Engineers from Exigent subsidiary Software Technology Inc. will continue to work with the Golden Enterprises engineering staff on various technical matters, Exigent said. Exigent is a holding company capitalizing on emerging high technology opportunities.

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