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 : INTERFACE SYSTEMS (INTF) GETTING INTO EBPP? -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (1163)	5/11/2000 9:27:00 AM
From: DMauch	Read Replies (1) \| Respond to of 1203

Interface Holder Discloses Talks About Purchase of Company By Siobhan Hughes Washington, May 10 (Bloomberg) -- Investor David Zimmer, who controls a 9.97 percent stake in Interface Systems Inc., disclosed that he is participating in negotiations that could lead to the purchase of the software tools company by a third party. Zimmer disclosed the negotiations in a regulatory filing. He didn't identify the potential buyer of Interface Systems, which is based in Ann Arbor, Michigan. Company officials couldn't be reached for comment. Interface Systems shares fell 1 7/8 to 12 and have fallen almost 52 percent so far this year. Zimmer is the chief executive of Congressional Securities Inc., which discontinued its brokerage business last month. He holds 99,400 Interface Systems shares, while customers of Congressional Securities hold 350,600 Interface Systems shares. The combined stake totals just under 10 percent and is worth $5.4 million at current prices. quote.bloomberg.com -dave