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Technology Stocks : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?


To: architect* who wrote (3583)12/12/1999 9:04:00 AM
From: BostonView  Read Replies (1) | Respond to of 3748
 
Hi John and Kerry. Assuming your interest in MTI is centered around their Caldera/Linux stake, I thought you should be aware of the recent change to their equity interest (taken from the latest 10Q):

Investment in Affiliate

In August 1999, the Company purchased 5,333 shares of Caldera Systems Inc.("Caldera") for $6,000, representing approximately 25% of the outstanding capital stock of Caldera upon completion of the purchase. Subsequent to the Company's initial investment in Caldera, the Company's percentage ownership was diluted to 20%. The investment is accounted for under the equity method as the Company has significant influence, but not control, of the operations of Caldera.

You can access the whole 10Q at:

freeedgar.com

Good luck and I hope you'll stick around the thread. We're in need of some new blood and fresh input!

BV