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Technology Stocks : Bookham Technology -- Ignore unavailable to you. Want to Upgrade?


To: Kayaker who wrote (122)8/9/2000 11:07:23 AM
From: Kayaker  Read Replies (1) | Respond to of 376
 
Bookham Technology Considers Secondary Offering

OXFORDSHIRE, England, Aug. 9 /PRNewswire/ -- Bookham Technology plc (Nasdaq: BKHM - news; LSE: BHM) announced today that it is considering potential ways in which it could increase trading liquidity in its shares, including a possible follow-on offering of its shares. Such an offering, as contemplated, would consist principally of shares held by existing investors. The Company may take advantage of the offering process to raise additional funds to finance the further expansion of manufacturing and development activities, but would anticipate that a substantial majority of the offering would be secondary shares. The exact timing and size of any offering will depend upon specific market conditions and corporate factors at that time....

biz.yahoo.com