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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Heibeck who wrote (17387)10/25/1999 10:05:00 PM
From: Stock Watcher  Respond to of 52051
 
DWH: on IMPX; a 'semi' co. in India buying a chunk of the company: "Teamasia has agreed to purchase common stock from IMP, which will represent 16.7 percent of IMP's outstanding shares after issuance.";

please check long-term debt. on 'son of IOM' (it may have been disinherited)....Teamasia probably has the cash they need to continue operations...sw