SI
SI
discoversearch

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.
Non-Tech : Ingram Micro -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (472)1/31/2000 3:32:00 PM
From: David O'Berry  Respond to of 576
 
Doubled up IM today. It should definitely bottom out now. That will allow you folks to pick up some dirt cheap. DOH!

David



To: flickerful who wrote (472)2/9/2000 11:41:00 PM
From: Reseller  Read Replies (2) | Respond to of 576
 
This from Ingram, when further questions, the number of shares and the value were submitted a statement defining the quite period was cited and further that value would be stated in the upcoming quarterly report on 2/17. There's been suggestion that Ingram's SoftBank holdings alone are equal to Ingram's market cap. The response implies that Ingram still holds these shares but I don't read Japanese very well and have been unable to identify the actual number of shares or their value. I guess I'll have to search their securities exchange commission filings for further insights.

In late fall of 1998, Ingram Micro and Softbank formed a strategic alliance with an exclusive distribution partnership. As a good faith move, we invested $50 million in each other's companies to demonstrate our commitment to working with each other.

Kim Strohm
VP Corporate Communications
Ingram Micro
714-382-4400 phone
714-566-9440 fax
kim.strohm@ingrammicro.com