[NTIACNews]Update On GE's Acquisition Of InVision

Chris R. Coughlin ccoughlin@ntiac.com
Tue, 23 Mar 2004 10:23:57 -0600


Hello All,

A followup to last week's news item concerning GE's proposed acquisition 
of InVision...Reuters is reporting that the Securities And Exchange 
Commission is investigating the purchase of call options before the 
announced GE acquisition (a call option allows the purchaser to buy a 
stock when it reaches a certain price).  The investigation was launched 
after traders noticed an unusual increase in the options activity. 
Spokespersons for InVision say that the company is cooperating fully 
with the SEC and that the company doesn't expect the probe to affect the 
proposed takeover.

Reuters is also reporting that the trade volume in InVision (Nasdaq: 
INVN) shares was up on speculation that a counter-bid may be in the 
works for InVision, possibly from Germany's Siemens AG.  Siemens 
representatives declined to comment.

Regards,
Chris

-- 
Chris Coughlin / NTIAC / 415 Crystal Creek Drive / Austin TX 78746
Phone (800)684-2239 or (512)263-2101x227 / FAX (512)263-3530
Email ccoughlin@ntiac.com / Web http://www.ntiac.com