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Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?


To: Rob Anderson who wrote (5668)3/22/1999 9:36:00 AM
From: Souze  Read Replies (2) | Respond to of 10081
 
Also in the news:

Lernout & Hauspie (NASDAQ; LHSPF; EASDAQ; LHSP) (L&H(TM)), a worldwide
market leader in speech and linguistic technologies, products and services,
announced that Microsoft has elected to exercise its warrants to purchase
an additional 857,142 shares of L&H Common Stock at an exercise price of
$17.50 per share, for a total exercise price of approximately $15.0
million. This purchase will increase Microsoft's investment in L&H to
approximately 3.75 million shares, or approximately 7% of L&H outstanding


Does this have any effect on GMGC, good or bad?

For the record, I'm long GMGC but shouldn't be because I don't know enough about it.

Back to lurking...