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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?

To: TEDennis who wrote (1955)1/6/1998 1:18:00 AM
From: Trader X  Read Replies (2) | Respond to of 3391
 
Almost 1 million share of dilution at $4/share.

In November 1997, Mr. Bishop surrendered options to purchase a total of 900,000 shares of Common Stock in exchange for replacement options to purchase a total of 900,000 shares with an exercise price of $4.00 per share. Of these 900,000 options, options to purchase 561,500 shares are immediately exercisable and the remaining 338,500 become exercisable in twenty-two equal monthly installments, commencing one month from the date of grant.

no wonder the price slipped to under $4 in Dec.



To: TEDennis who wrote (1955)1/6/1998 1:23:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 3391
 
Funny thing TED, in my phone call today to NASDAQ I actually did ask what might cause an investigation to last so long. Indeed, I was told an SEC investigation was a possibility.

Was NASDAQ specifically referring to CSGI? Of course not; I asked and they answered in a general sense. Am I saying CSGI is probably under SEC investigation? Heck if I know. Am I saying this paragraph is one big disclaimer? Yes!

- Jeff


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