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Technology Stocks : JACO - Jaco Electronics, Inc.
JACO 0.00010000.0%Dec 26 9:30 AM EST

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To: Magic RN who wrote (34)6/26/1999 9:36:00 PM
From: Dolfan  Read Replies (1) of 78
 
Hello everyone. I have been traveling a lot lately and amazed at what a small world it is! I just got back from Minneapolis which I have been doing every other week from Fort Lauderdale due to an acquisition of the Company I work for and my team is in Minneapolis. Anyway on the way back I was chatting with the girl seated next to me and she was headed to an Electronics show in Panama City, Fl. We started small talk and found out she works for a privately owned competitor of Jaco. I told her I had stock in Jaco and was hoping on a buyout. We talked about how much consolidation this market is seeing lately. And agreed something will probably have to happen soon. We couldn't decide on a suitor though. Arrow seems to of pretty much picked who they want for their recent buys. Her company does about 500 million a year on mostly capacitor sales. She agrees there will only be few left when the consolidation is over. Very interesting to say the least.

We exchanged emails and agreed to stay in touch.

Mark
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