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 : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: Tom Swift who wrote (9892)1/21/2004 10:17:06 AM
From: Trumptown  Read Replies (1) | Respond to of 12872
 
Looks like PDYN will do some backing and filling! Will get back in after it settles...will take some time...

>>LARGO, Fla. - January 20, 2004 - Paradyne Networks, Inc. (NASDAQ: PDYN) today announced it has filed a shelf registration statement on form S-3 with the Securities and Exchange Commission, registering approximately 11 million shares of its common stock owned by affiliates of Texas Pacific Group (TPG). The shares registered on behalf of TPG represent all of TPG's current holdings and approximately 25% of Paradyne's total shares outstanding.

Read the entire release at: paradyne.com;