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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: TRIIBoy who wrote (12508)	1/13/2000 12:51:00 PM
From: xcr600	Respond to of 18998

Trying to figure out the trading in VCMP today. There has been some big what look to be buys on the bid. 2-5k range. Bids never represented and the sell side has been heavy for the most part. They also had some news today with Mastech (MAST). They took a 20% stake in VCMP. Since the price was set the stock has risen nicely. Hmmmm... biz.yahoo.com Mastech purchased approximately 1.136 million VCampus common shares directly from the company at a 20% premium over the average closing price for a 15-day trailing period. The price was fixed at $3.62 on January 3, 2000, the date on which both companies reached an agreement in principle. In addition, VCampus granted Mastech warrants to purchase an additional 450,000 shares of VCampus Common Stock during the next twelve months at exercise prices between $4.34 and $6.125 per share depending on the market price of the stock on the exercise date. and VCMP received some financing recently from H&Q. biz.yahoo.com Haven't had time to check the terms yet.