Patsystems shares soar on cash return plan. (10-AUG-02) Europe Intelligence Wire

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Patsystems shares soar on cash return plan.

Publication: Europe Intelligence Wire

Publication Date: 10-AUG-02

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(From FT Investor (Stories))

LONDON (FT.com) - There was contrasting fortunes for shareholders in small technology stocks on Tuesday with Patsystems shares soaring on a plan to return cash to shareholders, while Allied Optical Technology shares dropped on another profit warning.

Patsystems , the electronic trading software group, pleased the market on Tuesday when it announced a cash return of as much as GBP11.8m to shareholders even though...

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