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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (6136)	8/31/1999 8:45:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

Bank of America concludes deal with DSQ dsqsoft.com Date: 8/30/99 2:45:36 PM (Courtesy:Probity Research) The much awaited Bank of America deal with Dinesh Dalmia for taking a stake in DSQ Software has finally taken place. The deal ran into rough weather because the promoters did not have "free shares". Though the news could not be confirmed sources say an intermediary has come to Dalmia`s rescue. All their shares were pledged with banks as collateral. Apparently, the intermediary has cleared all bank loans and placed the same with BankAm at an undisclosed price. The stock is likely to witness action now.