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Technology Stocks : MER Telemanagement (MTSLF) - Internet/web Co.
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To: Sir Auric Goldfinger who wrote (6)1/1/1999 5:57:00 PM
From: blankmind  Read Replies (1) of 75
 
- Here's the answer & could you explain why it matters?

- "The Company (mtslf) is a subsidiary of C. Mer Industries... whose shares are traded on the Tel Aviv Stock Exchange... (owns) 3,259,270 Ordinary Shares of the Comapny (mtslf)"

- so basically, the parent, and not the management or insiders own most of the 75% of the issues & o/s shares.

- now, I don't think C. Mer has sold even a single share. So does it matter?

- and is this a good sign that the parent is the one with the ownership?
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