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Technology Stocks : Track Data Corporation TRAC -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (1368)4/19/2000 10:21:00 PM
From: Investor Clouseau  Read Replies (1) | Respond to of 2005
 
Sorry, I should have been more specific. I didn't realize that you are still unaware that TRAC will be bought out by Monday IMO.

I should have said;

>>The question is, who bought them? I think the firm that is taking over TRAC bought them, but still doesn't own enough TRAC to have outright control. This puts Barry and insiders back in the drivers seat as far as buyout price per share. Whoever the buyer is, they now have a very low cost basis and can afford to pay a large amount for the few million remaining shares that will give them absolute control.<<