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.
Technology Stocks : Stratasys (SSYS) -- Ignore unavailable to you. Want to Upgrade?


To: turbi who wrote (234)10/6/1998 4:52:00 PM
From: turbi  Read Replies (1) | Respond to of 316
 
Hi -- if anyone's out there, today SSYS purchased warrants to purchase 710,000 shares from various funds at about $14.50 a share for some and $13.50 a share for the rest. The idea, SSYS said, was to prevent future dilution and eliminate a potential depressing effect on the stock price in the future. The short press release is available through Yahoo!Finance website or Stratasys's news link.

Does this mean management thinks the stock will move up soon? or does it mean management was afraid the price was going to slide even further? Cheers/t