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Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?


To: telephonics who wrote (203)12/3/1997 6:40:00 PM
From: telephonics  Read Replies (1) | Respond to of 1181
 
On 2 December Yurie announced the completion of the acquisition of Data Labs for 358,412 shares of Yurie stock. The transaction will be accounted for as a pooling of interestIt will be dilutive in the fourth quarter but accretive thereafter.

I believe the stock weakness is due to two factors. (1) Lack of recognition by the investment community of the thin float in this stock and (2) Sale of 2,020,000 shares for accounts of certain shareholders.