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Netpliance CEO and executives bid to take NPLI private
Interesting tidbit on NPLI

New MessageNetpliance CEO and executives bid to take NPLI private (modified 0 times) Linuxguru
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John Mchale and other investors are bidding 65c a share to take it private, which is a premium to yesterday's close of 34c and today's 56c (in response to the bid).

http://news.cnet.com/news/0-1006-200-4248744.html?tag=st.ne.1002.thed.ni

12-22-2000 16:19:06

New MessageRE:Netpliance CEO and executives bid to take NPLI private (modified 0 times) Skidmark
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they are getting sued for it too
http://yahoo.cnet.com/news/0-1006-200-4277896.html?tag=st.ne.ron.lthd
12-26-2000 19:55:55

New MessageRE:Netpliance CEO and executives bid to take NPLI private (modified 0 times) silver944
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I don't know how much cash these guys have after they bought out the mobo contracts, etc., but I dare say its more than $0.65 per share. Not a bad deal to buy out your company with its own money I suspect. Part of the perils of being a minority shareholder and all, but there is more than a slight smell of breach of fiduciary responsibility in the bid.
12-26-2000 20:47:46

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