Semi-Equips - Buy when BLOOD is running in the streets! 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.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 162.25

-1.7%

Nov 6 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Q. who wrote (8220)	2/15/2000 11:21:00 AM
From: geoffrey Wren	Read Replies (1) of 10921

Another Secondary, PSEM. PSEM in not an equipment maker, but a specialized chip-maker. I have seen news on academic study to have found stock splits were a somewhat positive indicator, on the theory that management could better see positive or negative developments some 1-2 quarters ahead, and would not split before a downfall in business. While a follow-on offering might mean issuing more shares, I would think it would indicate the opposite from management, that the price is too high, when the company finds it better to sell stock than to take on debt (and you're buying that stock on margin!?) Excerpts from the PSEM news release: "Pericom Semiconductor is planning a follow-on offering of 2.2 million shares [current float is 9.68m shares] in hopes of raising $78.5 million. . . ." "The San Jose, Calif.-based company plans to use the financing for research and development, working capital and general corporate purposes, according to the Form S-3 registration . . . ." "Pericom Semiconductor develops high-performance interface integrated circuits used in advanced electronic systems."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next