Tzvi Shukhman, Metalink’s Chairman and CEO, and a principal shareholder, has acquired an additional 364,700 shares of his company’s stock in open market purchases during the last four months and a total of 1,335,932 shares since November 2001. Shukhman now holds about 31% of the company’s outstanding shares. Metalink, which is based in Yokum, Israel, offers silicon for DSL, VDSL, SHDSL, and HDSLx equipment.
http://www.metalinkDSL.com
- Separately, Metalink announced the opening of a sales office in Seoul, Korea. An estimated 730,000 broadband lines in Korea were using VDSL technology as of late May 2003.
