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 : S1: Doing Business in a Dot Com Depression, -V1 -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (835)	5/4/2000 11:45:00 PM
From: let	Respond to of 1013

Hi Bob, I read this thread and hardly never post but appreciate your time and contributions. I seen somewhere where they had $86 million in cash and convertable securities. I just got in from vacation and don't have the link right now. Also, I was told that revenues was expected to be $51 million and they came in at $50.4 (slightly less than expected and maybe disappointed some as you said there is no patience in not exceeding ALL catagories). I didn't get to hear anything on the conference call..could you or someone highlight it for me? thanks, let

To: Oeconomicus who wrote (835)	5/5/2000 2:36:00 PM
From: tuck	Read Replies (1) \| Respond to of 1013

R.D., I appreciate you and others addressing my operational concerns. About the only thing left is dilution from the acquisitions. I've been digging, but S1 has been munching faster than it can excrete filings. I haven't been able to get a clear picture of the overhang yet. Some have likely noticed that Akkermans and Frieshtatt (sp?, the V1 guy) are new hires that have sold some shares. "Under the terms of the agreement, S1 acquired Davidge Data Systems for approximately 250,000 shares of S1 common stock, and issued approximately 393,000 S1 options both in exchange for options held by existing Davidge employees and as additional options to Davidge employees." "Under the terms of the agreement, S1 will acquire Q UP Systems for approximately 2.4 million shares of S1 common stock and will issue approximately 1.4 million S1 options in exchange for options held by existing Q UP employees." From the 8Ks. I notice Edify folks haven't been selling. So 2.65 million shares and ~1.8 million options from these two acquisitions. Haven't seen filings that include lock up periods yet, but will keep my eyes open. Cheers, Tuck