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Technology Stocks : Semi Equipment Analysis
SOXX 312.18-0.2%Dec 9 4:00 PM EST

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To: Donald Wennerstrom who wrote (51666)4/4/2011 8:38:31 PM
From: Sam1 Recommendation  Read Replies (1) of 95546
 
The investigation concerns whether the National Board of Directors breached their fiduciary duties to National stockholders by failing to adequately shop the Company before entering into this transaction and whether Texas Instruments is underpaying for National shares, thus unlawfully harming National stockholders.

If TI is underpaying at $25, what the heck do they think Mr. Market was doing at $13-14?!

I cannot see how that suit is anything but a nuisance suit. OTOH, I am quite sure that if someone came out with a $65-70 bid for Sandisk, someone would want to file a suit against it no matter where it had been trading before then.
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