Novellus Message Board - Msg: 8178839

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Novellus

NVLS 2.400

+2.1%

Jul 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: brushwud who wrote (2003)	3/5/1999 9:49:00 PM
From: Dave Chanoux	Read Replies (1) of 3813

I don't mean to be critical. I hope that management has something useful in mind to make use of the money other than banking it. Since the registration was filed 3/16/98 (11 months ago) it does not seem like a critical need. It seems more like waiting until the share price is really high to complete the transaction. That does not speak well for long term financial management. What would management have done if the share price had not appreciated so smartly in the last four months? Just kept the registration opened? If there is a buy target as has been discussed here, has the share price of the buy target also appreciated? If so, isn't it all just funny money. There was a quite detailed analysis of Gillette's purchase of Duracell last year or the year before compared to their failed attempt to buy Duracell 10 years previously. Gillette shares appreciated much more than Duracells over the 8 years, so the analytics concluded that Gillette got a better deal by waiting. But what could they have done with Duracell in 8 years. The analytics never speculated. Regards, Dave Chanoux

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next