Short Term Picks From the 'Whiz' Kid Message Board

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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid

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To: Daniel Miller who wrote (5178)	3/16/1999 8:26:00 AM
From: sshia	Read Replies (1) of 9115

(REUTERS) Omega <ORTH.O> says to be acquired by Pentegra Omega <ORTH.O> says to be acquired by Pentegra ACTON, Calif., March 16 (Reuters) - Omega Orthodontics Inc. said Tuesday it agreed to be acquired by dental practice management company Pentegra Dental Group Inc. <PEN.A> in a stock swap with a $3.5 million equity value. Acton, Calif.-based Omega said Pentegra will issue 1.8 million shares and assume $1.4 million in debt in the transaction. The acquisition, which is subject to shareholder and regulatory approvals, is expected to close in June 1999. Omega shares closed at 1-1/8 Monday on the Nasdaq stock market. Pentegra shares closed at 1-15/16 on the American stock exchange. ((New York Newsdesk 212-859-1700)) REUTERS * end of story *

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