ORCHID TECHNOLOGY TRIES AGAIN FOR UNLISTED SECURITIES MARKET

Orchid Technology Inc, the Fremont, California maker of add-on boards for the IBM Personal, which pulled its offer of shares for the Unlisted Securities Market through Phillips & Drew at the last minute in January (CI No 598), is no wilting flower: it is trying again, at the beginning of next month with a placing valuing it at nearly UKP30m.

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