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

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

LRCX 148.68

+0.2%

1:32 PM EST

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To: Gottfried who wrote (9594)	4/2/2001 8:45:21 PM
From: Jerome	Read Replies (1) of 10921

With the current state of depressed prices for the sem's. Take overs friendly and otherwise may be the order of the day Vishay (VSH) has not yet completed the take over of Siliconics (SILI) and today announced another takeover of General Semiconductor. Vishay proposes to buy General Semi in stock swap 07N0239220C7???N, Pa., April 2 (Reuters) - Chipmaker Vishay Intertechnology (NYSE:VSH) Inc. said on Friday it had proposCC:CGeneral Semiconductor (NYSE:SEM) in a stock swap, saying such a combination would enable both firms to cut costs and streamline operations amid a downturn in the chip sector. In a letter written by Felix Zandman, chairman and chief executive of Vishay to General Semiconductor Chairman and Chief Executive Ronald Ostertag, Zandman proposed that General Semiconductor shareholders receive one newly-issued Vishay share for every two General Semiconductor shares. Based on General Semiconductor's 49 million diluted shares outstanding as of Dec. 31, the deal values Melville, N.Y.-based General Semiconductor a???ironment all industry participants will need to move aggressively to cut costs and to work creatively to pursue revenues," the letter started in part. "The complementary nature of our product lines should results in substantial operational and marketing sy??? in part, Zandman wrote in the letter to Ostertag. A sign of things to come Jerome

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