Randall, not that I don't appreciate your input, but I wouldn't be so
unequivocal in your statements unless you are ABSOLUTELY sure you are
correct. Here is text of press release (note "postponed") Also, as
recently as last month I got SEC filings showing the offering is still
alive, can't find it quickly, but I remember):
Copyright 1995 Business Wire, Inc.
Business Wire
November 29, 1995, Wednesday
DISTRIBUTION: Business Editors/Computer Writers
LENGTH: 154 words
HEADLINE: Actel postpones public offering
DATELINE: SUNNYVALE, Calif.
BODY:
Nov. 29, 1995--Actel Corp. (NASDAQ:ACTL) announced today that it is
postponing its proposed public offering due to unfavorable market conditions.
The company filed a registration statement relating to the proposed public
offering of 4,700,000 shares of common stock with the Securities and Exchange
Commission on Oct. 24. Of the total, Actel would offer 2,068,422 shares and
Texas Instruments Inc. (TI) would offer all 2,631,578 shares held by TI. Any
offering will be made only by means of a prospectus.
Actel designs, develops, and markets field programmable gate arrays (FPGAs)
and associated software development systems and programming hardware. Actel is
the leading supplier of FPGAs based on antifuse switching elements.
CONTACT: Actel Corp., Sunnyvale
David M. Sugishita, 408/522-4393 |
