Buy.com wieder zurück an Nasdaq? - 500 Beiträge pro Seite

[2505]

hat noch jemand Infos?
Es sollte doch bis 30.11.01 die kpl. Übernahme durch den
Gründer geben?

[2505]

Tim Clark Leads Monterey Open
SATURDAY, OCTOBER 06, 2001 2:28 AM
- Associated Press

MONTEREY, Calif., Oct 06, 2001 (AP Online via COMTEX) -- Tim Clark shot a 2-under par 70 to take a one-shot lead in the Buy.com Tour`s Monterey Peninsula Classic on Friday.

Clark`s 4-under 140 after 36 holes led the $450,000 tournament by a stroke over Chad Campbell, Tom Carter and Mike Heinen. Two strokes back were Charley Hoffman, Tjaart Van Der Walt, Deane Pappas and John Rollins.

Clark opened with a 70, and duplicated the score Friday. His score could have been lower, but he missed two birdie attempts from a total of 3 feet. During the first two rounds, the two-time Buy.com Tour winner missed five putts from inside 5 feet.

The 7,117-yard layout presents challenges with its thick rough. Through two rounds, only eight players were under par.

"If you can score 2-under par every day, you can win the tournament," Clark said.

Copyright 2001 Associated Press, All rights reserved

APO Priority=r APO Category=2071 KEYWORD: MONTEREY, Calif. SUBJECT CODE: 2071

[CharlyF1]

Dear Stockholder,

We, the board of directors, are asking you to consider and vote in favor of a merger with a company owned by the founder of Buy.com,
Scott A. Blum, whereby each share of our common stock will be converted into the right to receive $0.17 in cash. Based in part on the
determination of the special committee of the board of directors, we have concluded that the terms of the merger agreement and the
proposed merger are advisable and are fair to, and in the best interests of, all of our stockholders (other than Mr. Blum and his affiliates),
including those stockholders unaffiliated with Buy.com.

Through the course of 2001, our business has suffered a number of significant setbacks resulting from a number of factors, including a
general downturn in the economy and weakening consumer demand, continued tightening of credit terms by our key vendors, including
our credit card processor and the recently filed class action lawsuits against us. Our management believes that continuing as an
independent entity poses significant challenges which we may not be able to overcome.

Accordingly, we established an independent special committee of our board to oversee and conduct a thorough and comprehensive
process, with the assistance of our financial and legal advisers, in an effort to obtain the best transaction available to us which we believe
offers the best opportunity to maximize stockholder value. We describe this process in detail in the attached proxy statement and we
encourage you to read the proxy statement carefully.

We unanimously approved the merger proposal with Mr. Blum and recommend that you vote FOR such proposal.

Your vote is very important. Whether or not you plan to attend the special meeting in connection with the proposed merger, please
complete, sign and return the enclosed proxy statement.

Sincerely,

__________________________________ ______________________________________
Donald K. Kendall James B. Roszak
Chairman of the Board

__________________________________ ______________________________________
Sanat K. Dutta Wayne T. Thorson

Quelle: (NASDAQ,OTCBB, 11.10.2001)

Das wars dann wohl mit Buy.com!
Falls die Aktionärsversammlung den Kaufplänen von Scott A. Blum zustimmt, gibts für jede Aktie nur noch (lumpige) 17 US-Cent!
Man darf gespannt sein.

Gruss und künftig bessere Trades!
Charly

[CharlyF1]

Buy.com ist seit heute wieder in alleiniger Hand des Gründers Scott A. Blum und wird aus dem Börsenhandel (OTCBB) genommen.
Da die Aktionärsversammlung gestern diesem Deal zugestimmt hat, gibt´s für jede Aktie nur noch 17 US-Cent. Irgendwie clever, dieser Mr. Blum: Man nehme das Geld der Börsianer, gründe eine Firma, steige früh genug wieder aus und lasse sich fürstlich dafür entlohnen, warte bis der Kurs ins Bodenlose fällt und die Firma in finanzielle Nöte gerät, biete sich dann als Retter an, kaufe die Firma für wenig Geld zurück, nehme die Aktien von der Börse und sahne dann die dicken Gewinne allein ab! Die Betrogenen sind - wie immer - die dummen Lemminge!!! F... ya, Mr. Blum!