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Comtech Telecommunications Corp. Message Board

  • naught_to_nil naught_to_nil Jan 15, 2000 5:17 PM Flag

    secondary offering

    A proposal for new offering has been known since
    mid-November. I think that is what triggered the correction
    over the last 2 months. The dilution is already
    factored into the stock price.

    Long term a
    secondary offering will benefit the company and the
    shareholders. So don't panic and sell on news that was already
    known by the smart investors who sell the rumor and buy
    the fact.

    The long-term prospects for this
    company are tremendous.

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23.29-0.02(-0.09%)May 27 4:00 PMEDT