SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials
AMAT 267.08-0.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roy F who wrote (25225)10/12/1998 9:35:00 PM
From: Proud_Infidel   of 70976
 
Based on the after-hours price of AMAT($27), it seems they're paying a price of ~$4.91 a share, a premium approximately 170% from CSIM's closing price...someone please tell me if my math is off. Anyway you slice it, it's a pretty premium for the holders of CSIM considering present market conditions. The acquisition itself is a tacit statement by AMAT that the prices in the sector are ridiculously low.

BK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext