Wednesday, January 17, 2007

Caxton Associates Seeks To Replace a Majority of InFocus (INFS) Board

In an amended 13D filing after the close Tuesday on InFocus Corporation (Nasdaq: INFS), 11.2% holder Caxton Associates said a result of the concerns previously expressed, and in light of the unsatisfactory conversations in the fourth quarter of 2006 between representatives of the Reporting Persons and members of the Board and the Company's operating management, they now intend to call a special meeting of the Company's shareholders and to seek to replace a majority of the current members of the Board.

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