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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: StockerJ who wrote (22611)1/21/1999 10:04:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
waiting to 'cash in'index options.. careful this morning "news" stocks & earnings looking good.. JVLN files for 2.5 mln that is why it's down... It was a laggard in last week but has
Javelin files for 2.5 mln common share
IRVINE, Calif., Jan 20 (Reuters) - Computer maker Javelin Systems Inc. on Wednesday said it had filed a registration statement with the Securities and Exchange Commission to offer 2.5 million shares of common stock.

Of those shares, 2.0 million would be sold by Javelin itself while the remaining 500,000 would be sold by stockholders, the company said. Van Kasper & Co., Tucker Anthony Inc. and Meridian Capital Group Inc. are the managing underwriters for the issue, the statement said.

Javelin would use the funds for working capital and general corporate purposes, including ''selected acquisitions or investments in complementary businesses or products,'' it said.

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