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.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Don P. who wrote (12186)	1/1/1999 5:44:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

<ASVI> One question, could you or Joe explain the agreement with CAT? I'm a little confused about that one, is it a possible buyout?> Yes Don. CAT is buying 1 million shares one million of ASVI stock at $18 per share and warrants to acquire a majority ownership at $21 per share. The 1 million share purchase should occur in a week or two. The details of the warrant purchase, I am not familiar with. ASVI is growing at a better than 50% clip. The Co. will benefit greatly from CAT's global retail network. Cash flow, which may have been an area of concern is strengthened by the money from the sale of the stock. I'd expect upward revisions on the earnings forecasts. This is a winning intermediate term play with little downside risk. Sergio