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Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO? -- Ignore unavailable to you. Want to Upgrade?


To: Dana Johnson who wrote (941)11/28/1997 5:29:00 PM
From: FRANKIES  Respond to of 1119
 
Lets hope they don't sell the stock. How much money did Retx get?

Thanks
Bernie



To: Dana Johnson who wrote (941)11/28/1997 11:11:00 PM
From: Adam Smith  Read Replies (1) | Respond to of 1119
 
Dana

Saw this transaction on SEC Edgar also

Acouple of questions
1) Did RETX receive the $3Million in cash once option was
excersized?
2) Why not 2million shares? I thought original option for
Drazan was 2Million shares bought Jan 96 with option for
another 2Million at $2bucks before 1/98
3) So this makes Drazan the largest shareholder now by far
with 3.5MM out of the 22MM outstanding. This should be
viewed as a very good event. Maybe he'll turn up the
accelerator now on RETX management and get this company
going.

Good Luck
Adam