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$TESO said the underwriter of its public offering of 7MM common shares has partially exercised its over-allotment option to purchase an additional 130,752 common shares at a price to the public of $7.00 per share. $TESO has now sold a total of 7,130,752 common shares in connection offering, with total proceeds of about $47.9MM.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.