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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: drmorgan who wrote (18084)1/5/1999 2:23:00 PM
From: Moonray  Read Replies (1) | Respond to of 22053
 
On April 24, 1997, Hayes acquired Cardinal Technologies, Inc.
(“Cardinal”) which Hayes management believed added a highly visible
brand to Hayes' brand portfolio and strengthened Hayes' position in
the North American retail market. In connection with the Cardinal
acquisition in April 1997, Hayes received a $5.5 million investment
from Vulcan Ventures, Inc., one of the Paul Allen Group of Companies.

The investment involved the issuance of 263,113 shares of Series B
Preferred Stock of Hayes Microcomputer, which was converted into
405,977 shares of Series A Preferred Stock of the Company, after
giving effect to the reverse stock split.

hayes.com

This thread sure is a storehouse of usless information!<g>

o~~~ O