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Technology Stocks : Top Image Systems Ltd. (TISA) -- Ignore unavailable to you. Want to Upgrade?


To: RagTimeBand who wrote (311)10/20/1999 10:30:00 AM
From: Skywatcher  Respond to of 436
 
Izhak Nakar, Chairman and CEO of Top Image, said the investment will be implemented in several stages beginning with an initial acquisition by Charterhouse of the Company's ordinary shares for an aggregate purchase price of $15 million.
So are they selling most of the company?
Looks bad for warrant holders, US!
Would they invest this much if they knew the warrants were going to be excersized?
chris



To: RagTimeBand who wrote (311)10/20/1999 10:51:00 AM
From: Skywatcher  Read Replies (1) | Respond to of 436
 
Sold 1/2 the warrant inventory for a measly 1/4...oh well.
now for the other half...guess I will wait and see...but this thing will NOT go over 5 now...so without extension...worthless
chris