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Technology Stocks : Insignia Solutions (INSG)
INSG 10.85+4.1%Jan 12 3:59 PM EST
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To: Prognosticator who wrote (602)1/27/1999 7:46:00 PM
From: wily  Read Replies (1) of 1606
 
From SEC Form 10Q, filed 11/12/98

NOTE 6.

CONTINGENCY

In February 1998, the Company disposed of its NTRIGUE technology for $17.687 million. A substantial portion of the total purchase price paid by the Buyer was placed in escrow to secure the Company's agreement to indemnify the Buyer with respect to certain matters. All moneys placed in escrow and against which no claims have been made will be released after a specified period and the remainder shall be released at such time as pending claims, if any, are concluded.


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