Moneylender,
I'm fairly new to all of this, can you explain your last post.
Regards
Sampson

Sampson

Go here and have a look.
http://www.tadpoletechnology.com/html/careers/

M

ML - either that or existing staff are leaving in droves and cannot be replaced quickly enough. Hope you are still getting up bright and early for the rest of us. Cheers.

pach
With all the recent contracts it is more likely to be ML's scenario.

do any1 have any idea when the whole software sector is gonna come out of this depression, apart from some small gains which have since disapeared id say the software sector is still in the the downtrend started at the turn of the millenium, i strongly believe when we come out of this you will see some big gains but do any1 know WHEN

I am still hoping that someone can find out what Tad sent out last week to institutions re an explanation for its recent "merger" deal.

pach,

I don't think TAD have sent details of the reverse takeover/merger (call it wat you want) to anybody yet

regards

Snappy - no, I meant that there were a no. of people who had heard that Tad would be "justifying" the takeover/merger via a note sent to brokers/institutions etc. I was just wondering whether this note had materialised.

pachandl

Do you mean in addition to the circular that is currently being prepared ?

abp01 - It depends upon what you mean by "circular". If that refers to the information that all shareholders will be receiving then the answer to your question is yes, if not then the answer is no. Moreover, I believe that Tad management was acting quickly (an oxymoron?) to halt the price decline by issuing the futher justification/info last Tuesday. Perhaps they delayed and the circular you mention is the same thing that I had heard of. Apologies if I have inadvertently confused anybody.

pachandl

As far as i know there has not beeen any private note or presentation to any
institutions or individuals.
We are all waiting for the details of the aquisition of Stream Tech, this will be forthcoming. I understand that the delay is due to a UK listed Co, aquiring a US Co.
We will soon see the light.


M

Hi ML
I heard the same reason for the delay but correct me if I am wrong we didn't have the same problem acquiring ETI!
OK we paid cash for ETI I believe but that should not make any difference to the details of the deal being released, over 4 weeks is total incompetence imo.

Hi Yuff

My memory fails me on the purchase of ETI, but i dont think there was any pre announcement, it was just released that we had bought ETI.

http://www.advfn.com/p.php?pid=nmona&cb=1091692337&article=1096379&symbol=LSE%3ATAD

I do agree that this delay in giving the details is hurting.

M

You could be right ML I'll have a look.

edit You are right ML on the 13/03/2000 they announced the acquisition as it was a cash consideration all the other formalities were already agreed this time they need an AGM. In the RNS for ETI it states they had been in negotions since late 99.

Interesting chaps.
I hope that I'm not being too thick here, but why do they need an EGM to complete the takeover?
I am worrying about how the falling share price will affect the deal- will we have to issue more shares to cover it and if so we could be in a vicious circle of falling price = potential dilution, more potential dilution = price falls!

ML - cheers.

Johnny
The share dilution depends on the terms of the deal, the falling share price may or may not affect the deal as it stands, these are some of the details that need to be clarified in the circular, along with a whole host of other details.
Only Stream and tad currently know if getting the shares at 15.75 will warrant a good deal in the future.

johnnyuk

The issue of 90M shares is beyond the authority of our Board, they need our permission!
Having said that i think it will be a mere formallity.

M

from closingtime on iii:-

I made a few enquiries regarding the significance of the ST deal. You'll have to take my word for it here but the source, who should know a thing or two, has assured me:

Together ETI + ST will be a formidable company.
They will be capable of offering on-demand streaming, trialware, software delivery to companies of magnitude anywhere in the world.
More importantly there are two other competitors but they are insignificant by comparison and will be swamped in relation to us once ETI+ST are brought together.

These things also do take some time to put together. Dual diligence and US accounts have to be done and checked.
Then it will be presented to the brokers corporate divison who will make a statement regarding the immensity of our new capabilities.
We will be market leader in an area that is growing exponentially and will be able to take on all comers at a moments notice and deliver the goods!

It has restored my faith that is for sure.
Sorry cannot reveal chap's name!
Be most unfair. Let me just say last time I spoke to him about our prospects he was a little indifferent and now is quite the reverse!

I hear shares mag have issued a reduce recommendation and a 5p target for Tadpole, can any readers confirm this?