Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Racom Systems (RCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Pat Pending who wrote (135)	7/11/1998 1:38:00 AM
From: Gutterball	Read Replies (1) \| Respond to of 468

Currently, there are 1.5 million warrants issused of the kind you would be trading. Each warrant is exercisable to purchase one share of RCOM common at $5.94 per share until March something 1999. These warrants are from the first and only, to date, IPO Racom did March 1997. This IPO consisted of 1.5 million units of 1 common and 1 warrant which sold for $4.75 per unit. Concerning Rohm Rohm owes Racom 2 payments of $250,000 each in license fees upon reaching certain sales milestones in custom FRAM RF/ID products. With Rohm's recent announcement of 3 new FRAM chips in commercial production, Racom has moved one step closer to getting another milestone payment from Rohm.