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jcrom56

06/12/05 4:24 PM

#11850 RE: oo_buck #11849

oo_buck
Thanks. I think the deposit is non refundable in the event buyout is approved. So, if F51-2 renegs, it is my belief thay lose the 10%. There are three members on the board. Two of them were in favor of the offer and one was against it because he wanted a better offer. I believe the matter will be approved upon that basis plus the probable approval by retail shareholders.
I realize that T/A is probably made difficult by the affect of the buyout news on the recent activity. I do appreciate you looking at it.
Another one I have followed for years and feel is on the verge of good gains is I2 Technologies (ITWH). They are a very good company that writes B2B supply chain software. They were dealt a terrible blow when the tech bubble burst. As companies crumbled, they lost licensing revenue left and right. They suffered de-listing and were relegated to the pink sheets. But they stuck in there and have recently moved back to profitability ($0.01 1st qtr, $0.09 currently) They undertook a R/S to get share price back up with intention of regaining listing on the NAZ and price has held. The client list is a veritable Who's Who of big business.

http://stockcharts.com/def/servlet/SC.web?c=ITWH,uu[m,a]dacayyay[pb50!b200][vc60][iUb14!La12,26,9]&a...

jc