DSP Group: an incredible bargain? Message Board

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Technology Stocks : DSP Group: an incredible bargain?

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To: Kevin Hay who wrote (1039)	11/20/1999 11:34:00 PM
From: savolainen	of 1055

[a beautiful thing] Hi Kevin, >>I think what we're seeing is a value stock that's turning into a growth stock...<< Completely agree... and a beautiful thing it is too.. ;) --- Seems like DSPG's building up a pretty good war chest: At the end of last quarter they had $115 million in cash and the recent sale of more AUDC shares will add another $ 42.8 million which should mean right about now DSPG has about $158 million in cash ... and also an additional 2.9 million shares of AUDC worth, oh about... $228 million (@ friday's close of $78.75)... plus a healthy stock price which could be traded against ... We had been speculating a while back that DSPG might be making an acquisition at some point... Am guessing DSPG could be up to something ... This management team seems to be a patient (and careful) group, they've hinted for some time, but said they weren't going to rush it... and waiting may have paid off, they're certainly in one heck of a better position today to make an acquisition... than say at the end of last year.. ;) til later s

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