[buyout]
<<<Pat, I need you to tell me how this is really a good thing. What am I not seeing?>>>
I don't think you're missing anything. There's no silver lining that I can see.
If I'd wanted safety, I'd have invested in government bonds.
I'm told Amati had to protect its shareholders from risk and therefore had to accept first the Westell merger and now the TI buyout. Well, heck, I haven't held for two years because I was afraid of risk. Far from it. I've held for exactly the reasons TI's buying, and I quote from today's release:
<<<With 790 million phone lines in use today around the world, that would mean a market opportunity of more than 1.5 billion sockets, each using a DSP solution.>>>
A DSP solution fired with Amati's ADSL, I might add.
When the market tanked and Amati fell through the floor, TI saw an opportunity they couldn't pass up. Now all I can hope is that another bidder comes on the scene and recognizes what it costs not to own Amati's technology.
I know, I'm a dreamer, but there's little downside in holding here, so that's my plan.
As for Westell, I think they got neutered so they wouldn't counter bid.
Just my take and I could be wrong.
Pat |
