WordStar International Inc
Article Abstract:
Israel's Elron Electronic Industries Ltd acquired 941,000 shares of WordStar International Inc at 2 1/8. The purchase complied with the creation of a WordStar Israel subsidiary. Elron may also choose to invest another $1 million in WordStar within a year at a 20% discount. The Israeli firm's stake, however, is limited at a maximum of 25%. The WordStar-Elron deal is supposed to benefit the former considering its dismal performance since 1987. WordStar will receive $8 million in capital over four years, in addition to Elron's technological skills. WordStar has no dividends on its 15 million shares.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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Designer trucking sets tone for independent USA Truck
Article Abstract:
USA Truck Inc.'s initial public offering of a limited 1.2 million shares at 12 1/2 points may cause trucking analysts to ignore its presence in the markets. However, a close look at the company's operating ratio may raise the interest of the analysts. From a net profit of 4.2 cents for every dollar accounted for in 1987, USA Truck was able to raise it to 11.1 cents net profit for every dollar. This is way above the industry level for well-run companies with margins of only 3 cents for every dollar.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
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