Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Kopin Corp. (KOPN) -- Ignore unavailable to you. Want to Upgrade?

To: John Finley who wrote (917)	11/8/1999 2:25:00 PM
From: kinkblot	Respond to of 1820

Yup, that's what it smells like. A strategic acquisition? We haven't had one of those since Kowon. In the S-3/A filed Oct 8, Kopin included a Balance Sheet adjusted for "1,800,000 shares of common stock in the offering, assuming a public offering price of $30.00 per share." This gave adjusted cash and equivalents of $78M. However, the boost in the size of the offering and the over-allotment netted them an additional $22M. This 'extra' cash may be burning a hole in Fan's pocket. WT