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Technology Stocks : PRIMUS TELECOMM(PRTL) Global Communications Infrastructure

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To: Bruce Cullen who wrote (3)4/19/1999 4:46:00 PM
From: Kive I. Strickoff  Read Replies (2) of 106
 
Nice to see some life in this forum ... I agree that we'll be seeing some VERY significant results in the months ahead ...

BTW, a SEC schedule 13G was filed by PRTL on 4/5/99 relating to ownership interests in PRTL by a group of investors, including Mr. Soros. I'm not sure if I have read the document correctly, but it seems to say that they are filing to report that their holdings have dropped below 5% of the outstanding shares. This would seem to imply that more shares are being issued, diluting their percentage. But perhaps I am not reading it correctly.

Can someone explain the above to a non-attorney lay person?

Thanks
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