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Re: Text of and comments on NSI IPO
- Date: Sun, 06 Jul 97 17:03:49 -0400
- From: "Mark Voorhees" <voorhees@interport.net>
- Subject: Re: Text of and comments on NSI IPO
On Sun, 06 Jul 1997 10:10:09 -0400, Antony Van Couvering wrote:
>2. SAIC is being investigated by the Justice Department, in the form of a
>CID (Civil Investigative Demand). According to the IPO prospectus, this
>was initiated on June 27. There are no details given except that this is
>in connection with with an (quoting from the IPO Prospectus) "investigation
>to determine whether there is, has been, or may be a violation of antitrust
>laws under the Sherman Act relating to Internet registration products and
>services. The CID seeks documents and information from SAIC and the Company
>[Network Solutions, Inc.] relating to their Internet registration business.
>Neither SAIC nor the Company is aware of the scope or nature of the
>investigation."
As much fun as it is to bash NSI (and it is fun), it should be
noted that the mere serving of an investigative demand does not
mean the company is a target of the investigation. It could
be--and problably is--a preliminary fact-finding exercise.
Mark