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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: jan m. who wrote (907)1/9/1999 1:33:00 PM
From: MW  Read Replies (1) | Respond to of 2004
 
The chairman of the board did not step aside. It clearly states he remains as c.o.b. he no longer will be a full time employee. Gary Eichhorn was and remains ceo. No big deal but at least omkt let that slip out at 5pm on friday so that the news has some time to settle in and be understood before possibly reaking havoc on the stock price unnecessarily. It is exactly because of statements like the cob is stepping aside that the announcement was made after the close friday. By monday morning it should be a non issue.

mw



To: jan m. who wrote (907)1/9/1999 7:37:00 PM
From: Norm Demers  Read Replies (3) | Respond to of 2004
 
Smells like a possible buyout to me.

It would explain why so many insiders sold shares, they are investing in the new venture.

Also gives the ceo a new company to play with when he sells out and it give the upper mgt. a place to go as well and they already have the alliance with OMKT. A nice way to start out.

Volume has kicked up this week and the stock price has come up with it, open interest in the calls has increased as well.

The ceo has done this before with Verifone post.messages.yahoo.com@m2.yahoo.com

I almost sold out friday on the run up but decided to wait it out. I'm glad I did.

I'd hate to be short right now, if a buyout comes they're toast.