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 : Cabletron Systems (CS: NYSE) -- Ignore unavailable to you. Want to Upgrade?

To: H-nator who wrote (5171)	10/5/1998 10:01:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 8358

To thread, Can anyone explain this? Item 9. Sales of Equity Securities Pursuant to Regulation S. On September 14, 1998 Cabletron Systems, Inc. sold 89,921 shares of its common stock to Nobuo Kamata pursuant to Regulation S under the Securities Act of 1933. This sale was part of a transaction in which Cabletron acquired shares of Soliton Systems, K.K. from Mr. Kamata in exchange for cash and the stock described above. The Cabletron common stock was valued at its closing price on the New York Stock Exchange on June 23, 1998. Reg S deals with unregistered shares to an offshore party. Was this deal signed prior to June 24th? Why else would anyone pay the June price? ...or do I only think it was higher then? What does Soliton do? Was this previously announced? Just wondering? Ian.