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Technology Stocks : EZchip Semiconductor
EZCH 25.490.0%Feb 23 4:00 PM EST
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To: Squeak22 who wrote (2652)1/4/2016 8:26:21 PM
From: cafly20014 Recommendations

Recommended By
longezch
NapaDoc
profstok
Tartuffe

   of 2675
 
We will know soon enough what the right move will be. Raging Capital will put out another public notice shortly advising their final position. This will come only after extensive discussion with Eli/Eyal and other large shareholders(Gabelli/Parnassus). If they have the votes, then Eyal either raises his bid or walks away. If they don't, they begrudgingly accept or push for going it alone. Finally, if its to close to call, no one will blink but short term, Ezch stock may get hurt.
I think it would be difficult for Ezch to go it alone because of the dynamics that have played out since the offer. This whole thing stinks. That said, we all know the offer is too low. $30 would have gotten it done. If heads prevail, the offer should increase. We'll see.
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