General Semiconductor / GENERAL INSTRUMENT Message Board

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Technology Stocks : General Semiconductor / GENERAL INSTRUMENT

SEM 14.84

-0.7%

Dec 31 3:59 PM EST

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To: kech who wrote (68)	7/8/1997 10:39:00 AM
From: louis mason	of 99

"General Instrument Corporation announced today that it has entered into a contract for General Semiconductor, Inc. (currently GI's Power Semiconductor Division) to acquire the discrete semiconductor business of ITT Industries, Inc. Purchase price of the transaction was approximately $8 million." This is what i love about this company, there is literally just no stopping them. Profit or none; moments before a radical breakup they continue to charge full speed ahead. I can't wait for nextlevel to arrive! louis mason.

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