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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: robert b furman who wrote (3259)7/21/2001 12:50:04 PM
From: BWAC  Read Replies (1) of 3813
 
<Let's look at Lam Research:

123,623,978 shares outstanding @ say a nice premium of 40= 4.9 billion. Here 800 million looks small.So if they did a stock swap of equals the 800 million cash might be what they need to reorganize.>

LRCX just did a convertible a few weeks back, to add to their already sizable cash balance. Both companies have huge cash chunks now.
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