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Technology Stocks : RadiSys Corp
RSYS 1.720+0.6%Dec 11 4:00 PM EST

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To: mister_utopia who wrote (1432)8/5/2000 3:55:28 PM
From: dylan murphy  Read Replies (1) of 1472
 
Welcome Mr. Utopia to Si and the RSYS thread.

Ouch! You put up a positive post and the bottom falls out from under the stock(g). That's not unusual for this company. I've held this stock for many years and still can't get use to the big point swings that happen almost daily.

I have to admit I've had some concerns lately about the stock of RSYS. First was adding options. I would think this would add to the volatility on a low share stock. Second and a bigger concern would be the issuance of 100m of conver. bonds. Under some conditions this will cause the bondholders to short the stock as a hedge. Cymer did about the same thing and the stock has been dead money for years. Different business I know but still a concern. I think the selloff lately was partly because of this.

Most people think the money will be used to acquire another company. That would be a pretty small company. It may be a combo of stock and cash. Or stock for stock like TEXM with the cash used to build the business. Either way I look for something to happen soon. We'll have to rethink things then.
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