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To: Jack Gibson who wrote (352)8/19/1999 9:38:00 PM
From: Marshall001  Respond to of 5529
 
Jack, I am not familliar with that term but I'm sure someone here is.

Tell your son Good Luck..

M



To: Jack Gibson who wrote (352)8/19/1999 9:39:00 PM
From: Manny  Respond to of 5529
 
It probably means they are in second round of funding...which
is good. In the sense, venture capitalists are willing to
put more funds into the company.

He could try calling the company's VCs and ask them about the
company. VC would have approximate market value for the stock.



To: Jack Gibson who wrote (352)8/19/1999 9:39:00 PM
From: $Mogul  Read Replies (2) | Respond to of 5529
 
Most likley it is their second round of VC funding...from a VC or a company investing in them.

$Mogul