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Technology Stocks : SMSC Standard Microsystems

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To: robert b furman who wrote (334)5/2/2012 1:21:10 PM
From: robert b furman   of 335
 
Another one bites the dust !!

Standard micro being bought by:

bloomberg.com

This one has caussed several attorney cases saying it was a violation of thier fiduciary duty inother words a take under.

Bob

These depressed stocks have been shorted to ubder book value and when they sell they pull a 41 % premium.

I hope the shorts get creamed on this.

Shows how ridiculous the valuations of the market are.

Bob
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