SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TranSwitch Corp: Will they get Zenith Business?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Ox who wrote (660)10/17/2002 10:07:24 AM
From: The Ox   of 669
 
One last thought, if they were to take $15 million and buy stock, they could reduce the number of shares in half and they would only be sacrificing one quarter of existence. However, the market might view their action as a vote of confidence in the company and triple their stock price, giving the company more than a quarter's worth of survival (if they play the Wall Street game properly). This is why I think they come across as clueless and stubborn.

BWDIK? Like I said, I wish them well but they won't get any of my investment capital. Too many other companies with a stronger outlook selling at discount prices to put money in TXCC, imo.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News