Forum Archive Index - July 2000

[Brian Gale <brigale@i4free.co.nz>]

At 19:06 24-07-00 +0100, you wrote:
>Noticed no interest on Sharechat in the Strathmore
>offer of buying back its shares in return for Commsoft
>shares. Can the lack of investor interest indicate
>that this could be a real flop?
>
>Max
Read the posting by Simon Dallimore in reply to a previous query ....I 
think it says it all

John,
I see you also had trouble deciphering that badly-written media statement 
on the Strathmore-Commsoft "offer". Loosely translated (and this is only my 
honest opinion), I think it means this:
"Give us your SMR shares and we'll give you some shares in our new company 
Commsoft which we want to list but market conditions might mean that nobody 
might want to take up the share offerings and so we have decided to come up 
with this scam...oops we mean "offer" so you can all invest in our new 
company which will take on that big bad wolf, Telemedia who is stealing all 
of the glory that should be ours. You won't find any details on our media 
statement because our PR "strategists" believe in not making it too easy 
for you to understand what we are trying to do. Now all you have to do 
tomorrow is to ring your broker and buy up on SMR. After you have done 
that, we may release more details but that will depend, of course, on 
whether our spin doctors have completed their remedial writing course in time."
Kind regards,
Simon
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