The Thread Formerly Known as No Rest For The Wicked Message Board

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.

Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tim Luke who wrote (71408)	11/10/1999 11:08:00 AM
From: Ivan	Read Replies (1) of 90042

Some possible answers. The stock is highly undervalued, and is tightly controlled (little institutional interest), and the majority owners are tired of having to behave in a "public" way. Not meaning they want to do something illegal, just that being public requires always thinking about how the street will view a move in the short run versus what management thinks should be a long term view. The company has a high amount of cash, and the current share value is largely based on real assets. Makes them a take over target. The company wants to reposition itself, say from a supplier of 3d Graphics chip sets to wireless telecom IC's, and the street would crush the share value during that process making hiring and retention difficult - plus the company has a financial backer who they can get the money from. A couple of ideas anyway.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next