In the press release|
<< ''We are pleased with the potential acquisition of INSI by Carnegie,'' said Jack L. Rivkin, senior vice president, Investments, with the Travelers Investment Group, a subsidiary of Citigroup, Inc. (NYSE:C - news). ''Through its business model, Carnegie can fully exploit the significant technologies developed by Gidi Lefeber and his team in Israel.'' Travelers Insurance companies were an early investor in INSI. >>
I suspect they will move to the AMEX as soon as possible. If what I have been hearing is true, they have only been waiting for the SEC to give their approval to their financials.
As for the acquisition of INSI, can you say internet play?