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Technology Stocks : Thrustmaster (NASDAQ:TMSR) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (2380)9/26/1999 4:30:00 PM
From: esecurities(tm)  Read Replies (1) | Respond to of 2443
 
[09-26-99 04:14 PM ET] GUILLEMOT, CENTERSPAN GUILLOTINE?, SMOKING GUN(S)?...CONTEMPORANEOUS WITH A TMSR DOWNGRADE [AS PREVIOUSLY CITED] TMSR HAS WARNED* OF A POTENTIAL ADJUSTMENT TO SAID $15M PURCHASE PRICE WHICH COULD ADVERSELY AFFECT THEIR ABILITY TO IMPLEMENT THEIR FURTHER EXPANSION INTO SOFTWARE [WECANTALK.COM] PRODUCTS MARKETS*.

* THE PURCHASE PRICE FOR THE SALE OF OUR HARDWARE BUSINESS ASSETS IS SUBJECT TO SEVERAL ADJUSTMENTS, WHICH, IF TRIGGERED, COULD RESULT IN REDUCED PROCEEDS TO US


"...The purchase price for our hardware business assets to be sold to Guillemot Corporation is subject to several adjustments. These adjustments could result in reduced proceeds to us from the sale of the assets. Any significant decrease in sale proceeds could adversely affect our ability to implement our further expansion into software products markets..."--Source: TMSR SEC Form S-3 Registration Statement filed 9/9/99

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