SI
SI
discoversearch

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.
Non-Tech : InvestRight Club Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (1852)5/5/1999 12:32:00 PM
From: dexx  Read Replies (1) | Respond to of 2662
 
From a tax standpoint, I would say a long-term holder is one who holds for at least a year to take advantage of the post-year 20% capital gains tax.

Dexx



To: Jeffrey L. Henken who wrote (1852)5/5/1999 12:57:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 2662
 
Jeffrey, UCMP Agrees to Redeem Convertible Preferred Stock...

MARIETTA, Ga.--(BUSINESS WIRE)--May 5, 1999--UNICOMP, INC. (NASDAQ: UCMP - news) today announced that they have agreed to redeem 2,000 shares of the Company's 3,000 shares of Preferred Convertible Stock.

The remaining 1,000 shares of the Company's Preferred Convertible Stock will be converted in to a maximum of 286,000 shares of UniComp's Common Stock.

''This transaction will enhance shareholder value as the dilution to the stock will be reduced,'' commented UniComp President and CEO Stephen A. Hafer. ''This redemption of the preferred shares represents our continued confidence in the future growth and prospects of our Company,'' added Hafer.

About UniComp

UniComp, Inc. develops, markets and supports platform-migration, vertical market applications and e-commerce payment processing systems for Windows NT and UNIX-based computer systems and point of transaction processors worldwide. The Company licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public-sector, point of sale and transaction processors. Additionally, the Company provides installation, training and systems integration, serving a worldwide network of end user customers, dealers and distributors. UniComp employs over 400 staff worldwide and has over 50 distributors internationally, with over 30,000 installations in more than 55 countries. Please visit our World Wide Web site at unicomp.com for further information on UniComp.

--------------------------------------------------------------------------------
Contact:

UniComp, Inc.
Robert Shaver, 770/424-3684 Ext. 116
or
Investor Relation Resources
Marty Tullio
or
George Logan, 949/376-4458
mktullio@home.com