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By Zach Coleman and Jason Kelly |
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October 10, 1997 |
Still chasing
3-D camera payoff
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| Intro: |
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Nimslo Corp. was
once the model of a successful Atlanta technology start-up company.
Its 3-1) cameras seemed poised to take the world by storm. But by
the late 1980s, Nimslo was dead and its products were traded just
among oddball collectors.
But the vision of founders Jerry C. Nims and Allen K.W. Lo didn't
are there. A company Lo founded after Nimslo's demise, 3D Image
Technology, recently announced further steps in its massive
restructuring and management overhaul -- launched to stem years of
losses and aborted deals. |
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| Excerpt: |
The public
offering in Bermuda was to be for 23 million shares. The Bermuda
Stock Exchange CEO W. William A. Woods said he couldn't discuss the
substance of the non-disclosure until NimsTec has a chance to appeal
the delisting. Woods cited an analysis of the prospectus in the
Miami-based newsletter Offshore Alert
as "quite helpful." |
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