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Technology Stocks : TELV - Televideo
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To: Arthur Tang who wrote (526)5/9/2000 7:51:00 AM
From: Arthur Tang  Read Replies (1) of 562
 
CNET continues to recover its stock value. It has over $0.5 billion in cash and marketable securities.

TELV is still cheap relative to its holdings. Dr. Hwang has not responded to changing his corporate emphasis yet. But the fact remains he is best suited to invest in real estate and internet ventures, including the thin client hardware business of TELV. Spin off the hardware business and the holdings of other corporations will make TELV stock valuation much more appreciated. 2+2=5?

Long term stockholders will welcome a change to have the chairman aggressively pursue stockholder value. He is still the largest stockholder.
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